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If currency movements and other one-off items were excluded, profits fell by 18% to $5.4bn.
Even if financial companies are excluded, profits are set to grow by 33%.A second factor is that investors' money had to go somewhere.
Mr. Feldman, the Salomon Smith Barney analyst, said that if the impact of the strong dollar was excluded, profits from the company's international tobacco operations would have increased by more than 22percentt.
Similar(57)
In both cases you are looking at rental income less operating expenses and interest costs, and in both cases the number excludes profits from the sale of properties.
Back in 1997, Congress and President Clinton cut a deal to exclude profits on sales.
Most states allow U.S. companies to lower their tax bills by excluding profits earned abroad, so they aren't paying taxes on the same dollar twice.
Excluding profit from that sale, Texaco's earning improved by 23.8percentt.
Its superiority lies in excluding profit-seeking insurance companies and Big Pharma from controlling and undermining our health system.
Excluding profit of $46 million, or 62 cents a share, from those venture capital investment sales, the profits of MONY Group were 51 cents a share, missing analysts' average forecast of 53 cents a share as compiled by the research firm First Call/ Thomson Financial.
Subsequent trialling (2016 2018) of a commercial-scale ZVI desalination reactor train (processing 0.53 m3 d−1) has established (e.g., Antia 2018b, c) that the actual cost (excluding profit, financing, labour, facility/site costs, administration, etc).
Excluding profit from the sale of certain investments, Yahoo! earned $187 million, or 13 cents per share, up 149% yes, you read correctly from $75 million, or 5 cents per share, in the year-ago period.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com