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earnings report
(redirected from profit-and-loss statement)

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


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TSE requires companies to attach a profit-and-loss statement and a balance sheet to their earnings reports, starting from those for the next fiscal year.
In the short run, the IDN decision-support system may well have to produce profit-and-loss statements for divisions of the network that truly are cost centers, with revenue being apportioned using transfer prices or utilization statistics.
 
 
 
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