Exact(5)
"Our bottom line earnings reflect an environment that remains challenging," Michael L. Corbat, the bank's chief executive, said in a statement.
The company said the deal would increase equity by 18%, and immediately boost bottom line earnings.
The idea of "beating earnings expectations" by a penny or simply looking at bottom line earnings is not enough if your accounting isn't conservative enough.
In Line Corporation's (the Naver subsidiary that runs Line) earnings release, CEO Akira Morikawa stated that the messaging app wants to transform into a "life and entertainment platform" instead of just being a communication tool.
In Line Corporation's (the Naver subsidiary that runs Line) earnings release, CEO Akira Morikawa stated that the messaging app wants to transform into a "life and entertainment platform" instead of just being a communication tool.
Similar(55)
Amec would pay about 9.5 times Foster Wheeler's expected top-line earnings (before interest, tax and depreciation) for 2014.
Top-line earnings in the UK are running ahead of expectations at about £17m for the year.
That's probably tolerable if Glencore achieves the $7.7bn of top-line earnings it expects to make at current spot prices.
Besides, Punch's securitised debts are still 6.6 times its top-line earnings, so his negotiating hand is weak.
The price represents 13 times top-line earnings, which is a very high ratio for an established restaurant format.
New Look reckons it will make top-line earnings, before interest payments, of £84m this year in its core business.
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