2012 Economic Calendar
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Corporate Profits  
Released On 11/29/2012 8:30:00 AM For Q3(p):2012
After-tax Profits - Y/Y change14.5 %18.6 %

Corporate profits in the third quarter rebounded to $1.752 trillion annualized, compared to $1.665 trillion in the second quarter. Profits in the third quarter grew an annualized 22.7 percent after contracting 1.4 percent in the second quarter. Profits are after tax but without inventory valuation and capital consumption adjustments. Corporate profits on a year-on-year basis increased 18.6 percent, compared to up 14.5 percent in the second quarter.

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
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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