2012 Economic Calendar
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Corporate Profits  
Released On 6/28/2012 8:30:00 AM For Q1:12
PriorActual
After-tax Profits - Y/Y change14.7 %13.1 %

Highlights
Corporate profits in the first quarter grew to $1.645 trillion annualized-revised down from the initial estimate of $1.669 and compared to $1.494 trillion in the prior quarter. Profits in the first quarter expanded an annualized 47.0 percent (previously estimated at 55.9 percent, following a 2.0 percent decline the quarter before. Profits are after tax but without inventory valuation and capital consumption adjustments. Corporate profits on a year-on-year basis grew 13.1 percent, compared to up 11.7 percent in the fourth quarter.

Definition
Corporate profits are derived from the national income and product accounts and are expressed in several measures. Econoday's focus is on the most relevant measure for the total economy, after-tax profits.  Why Investors Care
 
[Chart]
Corporate profits are key in the determination of a company's stock price. When corporate profits are rising, then stock prices will likely rise; when profits are falling, then equity prices will probably decline as well. Corporate profits are one of the more volatile series on a yearly basis. Profits are the residual - the left over - from revenues after expenses are taken out - and taxes for after-tax corporate profits. While each component (revenues, expenses, and taxes) is not that volatile, the net is.
Data Source: Haver Analytics
 
 

2012 Release Schedule
Released On: 3/295/316/288/299/2711/2912/20
Release For: Q4:11Q1:12Q1:12Q2:12Q2:12Q3:12Q3:12
 


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