Word: Earnings Report
Definition: An earnings report is a financial statement that shows how much money a company has made or lost during a specific period of time, usually a quarter (three months) or a year. It includes details about the company's revenue (money earned), expenses (money spent), and profit (money left after expenses).
While there aren't specific idioms related directly to "earnings report," here are some related phrases: - "In the black": This means a company is making a profit (as opposed to "in the red," which means a loss). - "Bottom line": This refers to the final result of the earnings report, typically the net income or loss.
An earnings report is an important document for understanding a company's financial situation.