.Income Statement Quarterly Data
Difficulty: Beginner
The income statement presents information on the financial results of a company's business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.
Danaher Corp., Consolidated Income Statement (quarterly data)
USD $ in thousands
| Item | Description | The company |
|---|---|---|
| Sales | Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. | Danaher Corp.'s sales increased from Q3 2017 to Q4 2017 but then slightly declined from Q4 2017 to Q1 2018 not reaching Q3 2017 level. |
| Operating profit | The net result for the period of deducting operating expenses from operating revenues. | Danaher Corp.'s operating profit increased from Q3 2017 to Q4 2017 but then declined significantly from Q4 2017 to Q1 2018. |
| Earnings from continuing operations before income taxes | Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. | Danaher Corp.'s earnings from continuing operations before income taxes increased from Q3 2017 to Q4 2017 but then declined significantly from Q4 2017 to Q1 2018. |
| Net earnings from continuing operations | This represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses and taxes from ongoing operations before extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. | Danaher Corp.'s net earnings from continuing operations increased from Q3 2017 to Q4 2017 but then declined significantly from Q4 2017 to Q1 2018. |
| Net earnings | The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. | Danaher Corp.'s net earnings increased from Q3 2017 to Q4 2017 but then declined significantly from Q4 2017 to Q1 2018. |
