Earnings Before Interest and Tax

(redirected from Operating Earnings)

Earnings Before Interest and Tax

A measure of a company's ability to produce income on its operations in a given year. It is calculated as the company's revenue less its expenses (such as overhead) but not subtracting its tax liability or interest paid on debt. It is important to note that EBIT does not account for one-off or otherwise unusual revenues and expenses, only recurring ones. EBIT represents cash available to pay off creditors in the event of liquidation and, as such, it is closely watched, especially when the company incurs little depreciation or amortization. It is also called operating profit.
References in periodicals archive ?
8 million and operating earnings per share(1) were $0.
For the full year 2014, MetLife reported operating earnings of USD6.
For the nine months ended September 30, 2014, operating earnings were USD 50.
The company said that the growth in operating earnings and the improvement in operating margin occurred primarily as a result of operating leverage at the higher revenue level and ongoing operational efficiency initiatives.
Hartford CT) said an expense tied to its pension fund would be bigger than it previously expected, leading the health insurer to project a decline in annual operating earnings in 2009.
The principal difference between reported earnings and operating earnings for the quarter was a tax benefit associated with the Tax Cuts and Jobs Act enacted in December 2017.
For the six months ended June 30, 2014, operating earnings were USD 34.
According to statistics compiled by the Daily News, companies tracked by the Daily News/Bloomberg Index in the San Fernando, Santa Clarita and Conejo valleys and in Simi Valley showed softer operating earnings in the past quarter, with 15 out of 46 reporting firms showing year-over-year declines.
Operating earnings for the three months ended March 31, 2017, were $611 million ($0.
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