# Professor Baruch Lev's research on earnings relevance is featured

1 Faculty News July 1, 2018 ![](/sites/default/files/styles/246w/public/assets/images/intheblackfeature.jpg?itok=o5GQQcl4)>

Excerpt from [InTheBlack](https://www.intheblack.com/articles/2018/07/01/are-financial-statements-still-useful)-- "The earnings don’t measure changes of values as they used to. To focus on earnings as many financial analysts are still doing, with all the spreadsheets that they have, which are basically aimed at predicting future earnings, is just a futile exercise.' [Baruch Lev](http://www.stern.nyu.edu/faculty/bio/baruch-lev), Stern School of Business"

[Read more](https://www.intheblack.com/articles/2018/07/01/are-financial-statements-still-useful)