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income statement
(redirected from earnings report)

   Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Wikipedia 0.01 sec.

income statement

In accounting, the activity-oriented financial statement issued by businesses. Covering a specified time, such as three months or one year, the income statement is a summary of revenues and expenses. It also lists gains and losses from other transactions, such as the sale of assets or the repayment of debt. Standard accounting rules govern the procedures for recording each item.



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23 Kyodo Japan's key Nikkei stock index opened higher Friday on a rebound on Wall Street overnight, though gains were capped as investors await key Japanese corporate earnings reports next week.
It’s still early in the earnings reporting period, and the market’s response to earnings reports the last couple of days may have been a temporary aberration.
The earnings report did not include any expenses following December's ice storm, which led to several investigations and lawsuits over Unitil's efforts to restore power.
 
 
 
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