earnings report

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Related to Profit and loss statement: balance sheet, income statement, Cash flow statement

earnings report,

n a statement issued by a company showing its earnings or losses over a given period. The earnings report lists the income earned, expenses, and net result. Also called
income statement.
References in periodicals archive ?
The requirement for material profit and loss statements by industry segments clearly suggest that the IRS will emphasize the profit split method, at least as a check.
If there is a section 6001 regime, reporting corporations can forgo the protection of the safe harbor and, in such circumstances, would not be required to create records not otherwise produced in order to be able to furnish material profit and loss statements.
The two exceptions with respect to which records must be created if not ordinarily maintained are (i) basic accounting records and (ii) records to produce "material profit and loss statements.