Street Explained: See through the earnings games

It's earnings season, and everyone is obsessed with earnings per share, but the problem with EPS is that it's malleable — companies can play with the number by excluding charges and claiming "one time" expenses.

So which metrics should investors focus on?

In exclusive content for Pro subscribers, Bob Pisani explains two key factors every investor must watch when deciding to invest in a company after its earnings report.

Watch the video below for the highlights: