Pretax earnings or profits

(redirected from Pre-Tax Earnings)

Pretax earnings or profits

Net income before federal income taxes are subtracted.

Pretax Earnings or Profits

A company's total revenue less its operating expenses, interest paid, and depreciation, but not taxes. For example, a widget manufacturer earns $1,000,000 in total revenue. The widgets cost $200,000 to make and his administrative and payroll expenses total $250,000. He also must subtract $50,000 in depreciation on his widget manufacturing equipment. His net income is stated as: $1,000,000 - $200,000 - $250,000 - $50,000 = $500,000. It is important to note, however, that this number does not include any taxes that the widget manufacturer must pay that year; this fact is what differentiates pretax earnings or profits from net income.
References in periodicals archive ?
Pre-tax earnings increased by $270 thousand during the fourth quarter of 2017, compared to the fourth quarter of 2016, due to an increase of $386 thousand in non-interest income and a loan loss provision recapture of $150 thousand, which were partially offset by a decrease of $256 thousand in net interest income and an increase of $10 thousand in non-interest expense.
M2 EQUITYBITES-January 30, 2018-Republic Bancorp reports 11% increase to Q4 pre-tax earnings
BANKING AND CREDIT NEWS-January 30, 2018-Republic Bancorp reports 11% increase to Q4 pre-tax earnings
99, pre-tax earnings of USD 600 million and pre-tax margin of 6.
8 billion were down slightly from 2014, as were pre-tax earnings of $189.
Sierra Vista Bank (OTCBB: SVBA) has reported pre-tax earnings of USD844,000 for the year 2014, a 25.
Mulberry suffered a fall in pre-tax earnings to PS7.
Makalot reported pre-tax earnings of NT$ 776 million (US$ 25.
VI) has announced that it is expecting an increase in pre-tax earnings.
Former shareholders of Real Estate School Online will also be entitled to a one-time cash payment of up to $500,000 if the pre-tax earnings of Real Estate School Online exceed specified targets during the first twelve full calendar quarters following the closing.
Pre-tax earnings in the mortgage banking segment were $220 million, compared with $680 million for the fourth quarter of 2003.
The world's second largest brewer, which owns brands in Italy, the Czech Republic, Russia and Hungary, said pre-tax earnings before interest and goodwill in Europe were pounds 150.