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For unprofitable companies that nonetheless generate product revenue, he forecasts when they will turn profitable and then discounts the profit figure, taking into account net operating margins and any interim capital deficiencies.
No comparable profit figure for Abbey was given.
No other news show approaches that profit figure.
The low-end profit figure of £748m is hardly a disaster.
Even better, that per-share profit figure was up 35percentt from 1998.
That is almost half the clean pre tax profit figure - a significant amount.
The pre-tax profit figure is significantly boosted by a £15m in interest received.
The underlying profit figure was in line with analyst expectations of £944m.
The accounting windfall from G.E.'s conglomerate structure, they say, makes the profit figure less impressive.
Rajaratnam picked up the phone, walked onto the trading floor and announced the profit figure.
Similar(1)
For the popularity of this profit figure called operating income by FORBES and Value Line you can blame, in no small part, the people who make a living doing mergers and leveraged buyouts.
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