Income from Discontinued Operations

Reuters  Jun 28  Comment 
* Anticipates after-tax impairment charge from discontinued operations in range of $150 million-$160 million, to be recorded in Q2 Source: ( ) Further company coverage: ...
Forbes  Jan 30  Comment 
The company?s operational sales from continuing operations increased 10.2% over the prior year quarter to $5.4 billion. Abbott?s branded generic drug business in developed markets is in the process of being acquired by Mylan and therefore has been...  Jan 16  Comment 
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Benzinga  Jul 10  Comment 
This report is one of a  series on the adjustments we make to convert GAAP data to economic earnings. This report focuses on an adjustment we make to convert the reported balance sheet assets into invested capital. Reported assets don’t...
Cellular News  Feb 22  Comment 
France Telecom has reported that its total customer base rose by 8% during the full year, reaching 226.3 million at the end of 2011. Click here for more.
BusinessWeek  Aug 6  Comment 
American International Group Inc., the insurer rescued by the U.S., posted a quarterly loss on costs from businesses identified as discontinued operations.
MarketWatch  Feb 25  Comment 
H.J. Heinz Co. said on Thursday that its fiscal third-quarter net income fell to $228.5 million, or 72 cents a share, compared to $242.3 million, or 76 cents a share a year ago. The latest quarter included an 11 cents a share charge for...  Sep 28  Comment 
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Income from discontinued operations is income a company earned from parts of its business which it has sold off or no longer operates.

Income from discontinued operations is called out separately in a company's Income Statement so that investors understand that, although the company earned that income in that last year or quarter, they shouldn't expect those earnings to be around in the future as that division no longer exists.

Income from discontinued operations also includes the proceeds of the sale of any businesses.


If a company has a division that makes widget XYZ, and that division earned $5 million in net income in 2008 before the company sold the division for $100 million to a competitor, the company would report $105 million in income from discontinued operations on its income statement.

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