2012 Economic Calendar
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Corporate Profits  
Released On 9/27/2012 8:30:00 AM For Q2(r):2012
PriorPrior RevisedActual
After-tax Profits - Y/Y change13.3 %19.1 %14.5 %

Highlights
Corporate profits in the second quarter decreased to $1.665 trillion annualized, compared to $1.671 trillion in the first quarter. Profits in the second quarter contracted an annualized 1.4 percent (initially down 5.3 percent), following a 29.6 percent boost the quarter before. Profits are after tax but without inventory valuation and capital consumption adjustments. Corporate profits on a year-on-year basis rose 14.5 percent, compared to up 19.1 percent in the first 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:Q1(p):Q1(r):Q2(p):Q2(r):Q3(p):Q3(r):
 


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