Excluding non-recurring items

Can someone explain this term to me in English please.

In the context of earnings

"Excluding non-recurring items"


Thanks

 

...one time tax charge

...asset acquisiion

...IOW not part of normal perodic business expenses

 

Thanks,

So in the context of a good number (beats consensus) and Excluding non-recurring items the company could really have made nothing that quarter ???

 

That can be true in some respects, but a more thorough investigation into the company's finances are in order. The street tends to overlook unusual one time charges if the "core" results are in line with analysts projections.

 

Welcome to wall street accounting.
You'll rarely see excluding one time gains, however.

 

LOL

Thanks guys, I think threads like this are what we need more of in ET.

 

"You'll rarely see excluding one time gains, however."

One time gains are reported as non GAAP figures to "show a clearer picture of operations"