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Amazon's preferred profit number excludes interest expense.
"We will have this year a lower profit number than last year," he said.
As a result, we believe investors should pay a lower multiple, albeit for a higher profit number.
Through much of the year, AOL cut costs relentlessly to help ensure that any shortfalls in revenue would not prevent the company from reaching its profit number.
The old idea that everything can be translated to a profit number and make a maximum amount of money is no longer a viable proposition".
For BofA, passing Citigroup's profit number is a joy to be topped only when it has the greatest stockmarket value, too.
Similar(39)
Announcing a third-quarter trading update, which did not contain any profit numbers, chief executive Eric Daniels said: "We were profitable in the third quarter and the first half and expect to be in profit for the full year".
"That's because of the profit numbers".
"Profit numbers can be more easily manipulated".
So, too, can decisions on estimates that affect profit numbers.
The market could feel pressure if profit numbers do not meet expectations, analysts said.
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