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Net income is an accounting figure. Companies generally use accrual accounting, under which payments and expenses show up when they’re earned or incurred. A payment that a company receives is ...
This matching of expenses with the revenues is at the heart of accrual accounting. In cash basis accounting, revenue is recorded only when cash is actually received. A business recognizes income ...
Northern Trust Corporation’s NTRS first-quarter 2025 adjusted earnings per share (EPS) of $1.90 beat the Zacks Consensus ...