Core earnings

Core earnings.

Core earnings report the performance of a corporation's core business operations, including producing and marketing the primary goods or services it sells, the cost of granting stock options, restructuring charges for ongoing operations, and meeting pension obligations.

Equally important, core earnings exclude gains in the value of a company's pension account portfolio, certain one-time sources of income, such as the sale of an asset, and goodwill.

In developing this measure, Standard & Poor's intention was to provide investors with a uniform, more transparent way to compare earnings across companies.

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Core earnings is a non-GAAP measure and is defined as GAAP net income excluding unrealized gains on the aggregate portfolio, impairment losses, realized gains on sales of investments, realized gains or losses on futures, realized gains or losses on swap terminations, gain on deconsolidation, extinguishment of debt and certain other non-recurring gains or losses.
Chimera Investment Corporation's GAAP net income $98 million
In 1016, MFC generated core earnings of $905 million, diluted core earnings per common share of $0.
Canada : Manulife reports 1Q16 core earnings of $905 million and net income of $1,045 million, strong top line growth, and continued positive net flows in its wealth and asset management businesses
Core earnings in the fourth quarter of 2014 were USD713 million and in the full year 2014, USD2.
.Manulife reports 2014 net income up 12% over 2013
Danish bank Sydbank said on Tuesday (21 June) that it had upgraded its core earnings outlook for 2005 by DKK100m to DKK800-900m.
Sydbank upgrades outlook for 2005
On an adjusted basis, Edison Internationals first quarter 2016 core earnings were $268 million, or $0.
United States : Edison International Reports First Quarter 2016 Results; Reaffirms 2016 Earnings Guidance
Farmer Mac's first quarter 2013 results also included solid GAAP net income and non-GAAP core earnings and the continuation of good credit quality in the portfolio.
Farmer Mac outstanding business volume up 11% year over year
Core earnings amounted to DKK8,140m while earnings from investment portfolios amounted to DKK1.
Danske Bank posts 9-month net profit of DKK6.83bn
The measure of core earnings excludes the above tax charge and also excludes other net non-core charges primarily related to merger costs.
Berkshire Hills Bancorp pre-tax income grows
On an adjusted basis, Edison International s third quarter 2015 core earnings were $377 million, or $1.
United States : Edison International Reports Third Quarter 2015 Results; Provides 2015 Earnings Guidance

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