BNET Business Dictionary
Business Definition for: Earnings Before Interest And Taxes
- abbr. EBIT
Additional Resources
- Cummins Engine Reports Second-Quarter Earnings Per Share of $1.38; Earnings Before Interest and Taxes Up 22 Percent on a 17 Percent Increase in Sales
- COLUMBUS, Ind.--BUSINESS WIRE--July 16, 1998---0- CUMMINS ENGINE COMPANY, INC. (Millions, except...
- Research articles 1998-07-16
- Macy's BBITDA requirements lowered. (earnings before interest and taxes) (Brief Article)
- NEW YORK FNS - R.H. Macy & Co. has obtained an amendment to its bank loan agreement that sharply reduces minimum cash flow requirements in the next two quarters. Under the amendment to Macy's $600 million debtor-in-possession loan agreement, the requirement...
- Research articles 1992-07-16
- Carlisle Companies Reports a 61% Increase in Fourth Quarter Earnings before Interest and Income Taxes from Continuing Operations
- CHARLOTTE, N.C. -- Carlisle Companies Incorporated (NYSE:CSL) reported earnings before interest and income taxes ("EBIT") from continuing operations of $44.7 million for the fourth quarter 2005, an increase of 61% above EBIT of $27.7 million for the same period 2004. Richmond McKinnish, Carlisle President and CEO commented, "Carlisle ended 2005...
- Research articles 2006-02-09
- Macy's EBITDA above projections. (R.H. Macy and Co. Inc.; March 1993 earnings before interest, taxes, depreciation and amortization )
- R.H. Macy and Company Inc has reported that its Mar 1993 earnings before interest, taxes, depreciation and amortization were a little over what it had expected. The company said that the $148.5 million it lost during March was the result of the 11 stores it closed. The stores included six...
- Research articles 1993-05-04
- ABB earnings jump 30% in 1Q.(treatment of the asbestos shares)(Brief article)
- ABB reported a 30% increase in earnings before interest and taxes and strong top-line growth for the first three months of 2006 compared to the same period in 2005. Net income increased slightly to $204 million from $199 million in the...
- Research articles 2006-05-01
- Say better numbers give Macy's ammunition to fight Federated; EBITDA up 61% in 2d quarter. (R.H. Macy & Co. earnings before interest, taxes, depreciation and amortization, Federated Department Stores Inc.)
- Reduced expenses helped R.H. Macy & Co post a 61% 2nd qtr gain in earnings before interest, taxes, depreciation and amortization. Industry analysts observe that the improved financial performance should help the company repulse a merger bid by Federated Department Stores Inc. One financial analyst reported that Macy's seems moving...
- Research articles 1994-03-16
- Macy's December cash flow up 30%, helped by better gross margins; EBITDA advanced to $266M in month. (R.H. Macy and Co., earnings before interest, taxes, depreciation and amortization)
- R.H. Macy and Company Inc reported earnings before interest, taxes, depreciation and amortization increased to $266.1 million in 1993 and that $29 million of the increase was due to East Coast operations. Sales rose 1.7% when adjusted after the discontinuation of electronic sales. CEO Myron E. Ullman announced in a...
- Research articles 1994-01-11
- Macy's posts big losses in period but manages to hit EBITDA goals. (R.H. Macy and Company Inc., earnings before interest, taxes, depreciation and amortization)
- R.H. Macy and Company Inc reported losses for the month of Feb 1993, but its earnings before interest, taxes, depreciation and amortization were better than predicted. Since February traditionally is a slow month for sales, Macy's had forecast a $12.8 million, but in reality the retailer only had a loss...
- Research articles 1993-03-31
- Macy's EBITDA rises 66% in May but firm expects tougher fall. (R.H. Macy & Co Inc., earnings before interest, taxes, depreciation and amortization)
- R.H. Macy & Co Inc posted increased earnings before interest, taxes, depreciation and amortization of $13.3 million in May, 1993, up from $8 million in May, 1992. The company attributed the gain to improved cost reductions. Macy's issued a statement warning that it expects little sales growth for the remainder...
- Research articles 1993-06-29
- Macy's EBITDA report reassuring to vendors. (earnings before interest, taxes depreciation and amortization for fourth quarter ending August 1, 1992; R.H. Macy and Company Inc.)
- NEW YORK FNS -- R.H. Macy & Co. vendors were reassured by a report that earnings before interest, taxes, depreciation and amortization would be positive for July and the fourth quarter ended Aug. 1. Many vendors have been supporting the retailer virtually from the...
- Research articles 1992-08-27
- Macy's EBITDA jumps in June aided by more cuts in expenses; total sales dip 2.1 percent for the month. (earnings before interest, tax, depreciation, amortization, 1994)
- R.H. Macy & Co reported $31.3 million in Jun 1994 earnings before interest, taxes, depreciation and amortization, as compared to the $12.2 million recorded for the same period in 1993. Macy's operating loss for Jun 1994 was $1 million, compared to $13 million in Jun 1993. Total sales for Jun...
- Research articles 1994-08-02
- Nuveen Investments Reports Record Third Quarter Earnings and 20% Increase in Assets Under Management
- CHICAGO -- Nuveen Investments, Inc. (NYSE:JNC), a leading provider of diversified investment services, today reported record earnings for the third quarter of the year. Net income of $43.5 million increased 11% over the third quarter of 2004. Earnings per share diluted were $0.54, an increase of 32% from the same...
- Research articles 2005-10-19
- Dole Food Company, Inc. Announces Significant Improvement in First Quarter 2002 Earnings
- Business Editors WESTLAKE VILLAGE, Calif.--BUSINESS WIRE--April 18, 2002 Dole Food Company, Inc. (NYSE:DOL) Thursday announced that its first-quarter earnings from continuing operations were $56.3 million, or 99 cents per share, compared with earnings from continuing operations of $29.5 million, or 53 cents per share, for the first quarter...
- Research articles 2002-04-18
- Macy's gets court approval to modify EBITDA covenants. (earnings before interest, taxes, depreciation and amortization) (Brief Article)
- NEWYORK FNS - R.H. Macy & Co. has obtained a court order formally approving modifications of EBITDA covenants in the company's $600 million bank loan agreement. The changes reflect the latest projections in the business plan unveiled by Macy's Nov. 5. ...
- Research articles 1992-11-25
- EADS forecasts 2005 earnings of more than 2.4 million euros
- PARIS AFP — The European Aeronautic Defence and Space Company said it expects full-year earnings in 2005 to be higher than 2.4 billion euros (3.2 billion dollars) on sales of 33 billion. EADS is currently targeting 2004 full-year earnings before interest and taxes EBIT of 2.2 billion euros. ...
- Research articles 2004-12-10
- Spectrum Laboratories Inc. Announces First-Quarter Earnings
- RANCHO DOMINGUEZ, Calif.--BUSINESS WIRE--May 18, 1999-- Spectrum Laboratories Inc. SPTM Tuesday announced revenues of $3,297,000 for the first quarter ended April 3, 1999, a 3 percent increase compared with revenues for the same quarter a year ago. The gross margin was $1,626,000, up 4 percent, while selling, R&D...
- Research articles 1999-05-18
- Infineon: Preliminary Results of First Quarter Show Earnings Below Analyst Expectations
- MUNICH, Germany -- Infineon Technologies AG (FSE/NYSE:IFX) announced, based on preliminary figures available today, that it expects revenues and earnings before interest and taxes EBIT in the first quarter of fiscal year 2005 to be below market expectations. The company expects revenues of approximately Euro 1.82 billion and EBIT of...
- Research articles 2005-01-12
- Genlyte announces higher second second quarter 1995 earnings
- SECAUCUS, N.J.--BUSINESS WIRE--July 27, 1995--The Genlyte Group Inc. (NASDAQ:GLYT) today announced continued improvement in its operating results, earning 15 cents per share for the second quarter and 28 cents per share year-to-date as compared to 12 cents and 22 cents, respectively, in 1994.For the second quarter, sales increased to $110,967,000....
- Research articles 1995-07-27
- Covanta Energy Corporation Announces Amendments to Revolving Credit and Participation Agreement
- Business Editors FAIRFIELD, N.J.--BUSINESS WIRE--Sept. 28, 2001 Covanta Energy Corporation (NYSE: COV) announced today that it had amended its Revolving Credit and Participation Agreement with its lenders. The Company also said that, based on present business conditions, it remained comfortable with the previous earnings guidance it has provided...
- Research articles 2001-09-28
- Not for three decades has Wella been so `dynamically' successful.(earnings report)(Brief Article)
- The German haircare cosmetics group Wella AG has said it is optimistic about results for 2001, after double digit growth was achieved in the first two months with minimal exchange rate influence. The company announced that its most significant contribution to sales growth and earnings before...
- Research articles 2001-04-25
