ITC Holdings Revenue, Profits - ITC Quarterly Income Statement

Add to My Stocks
$45.5 $0.48 (1.04%) ITC stock closing price Oct 13, 2016 (Closing)

Stock analysis based on fundamentals means looking at financial statements in addition to the ITC Holdings stock price. The key financial statements of a company are the income statement, the balance sheet and the cash flow statement. The income statement for ITC which shows a YOY revenue decline of -10.29% is specific to a period of time. Investors typically check YoY or QoQ revenue growth. Revenue for year 2018 Q1 is $279M and has decreased from $311M quarter on quarter as is evident when you compare the latest figures in the latest ITC Holdings profit and loss statement with those of the prior corresponding period. Also see ITC Holdings assets and ITC Holdings free cash flow for a complete valuation of ITC stock.

View and download details of revenue and profits for ITC Holdings for latest & last 40 quarters.
show more
Quarterly
Annual
View Previous Quarters
View Next Quarters
Fiscal year is Jan - Dec2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
ITC Holdings Revenues or Net Sales
279M311M299M303M298M293.38M253.45M298.04M280.13M224.03M
Cost Of Goods Sold (COGS)23M28M24M29M29M31.48M30.32M27.61M24.59M24.82M
ITC Holdings Gross Profit
256M283M275M274M269M261.92M223.12M270.43M255.53M199.23M
Research & Development Expense----------
Selling General & Admin Expense58M55M58M56M55M132.48M58.1M71.53M68.89M58.25M
Income Before Depreciation Depletion Amortization198M228M217M218M214M129.44M165.02M198.9M186.64M140.99M
Depreciation Depletion Amortization44M44M42M42M41M40.18M39.59M39.36M38.87M37.78M
Non Operating Income9M7M9M8M7M8.06M9.15M8.17M6.62M7.67M
Interest Expense55M60M56M55M53M52.95M55.84M51.8M50.41M53.72M
ITC Holdings Pretax Income
108M131M128M129M127M44.39M78.73M115.9M103.98M57.18M
Provision for Income Taxes26M55M46M48M47M-17M29.09M45.17M39.74M19.82M
MinorityInterest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations82M76M82M81M80M61.42M49.63M70.73M64.24M37.37M
Extraordinary Items & Discontinued Operations----------
ITC Holdings Profit/ Loss (Net Income)
82M76M82M81M80M61.42M49.63M70.73M64.24M37.37M
Average Shares used to compute Diluted EPS-------153.75M152.95M155.69M
Average Shares used to compute Basic EPS-------153.75M152.95M149.46M
Income Before Nonrecurring Items-------88.65M84.45M87.59M
Income from Nonrecurring Items--------17.93M-20.21M-50.23M
ITC Holdings Earnings Per Share Basic Net
-------0.460.420.25
ITC Holdings Earnings Per Share Diluted Net
-------0.460.420.24
EPS Diluted Before Nonrecurring Items-------0.580.550.56
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common0.000.000.000.000.000.000.220.190.190.19
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Quarters
View Next Quarters

The key things to look for in an income statement while doing ITC Holdings stock analysis are:

  • Topline: A growing topline, as seen from the ITC Holdings revenue chart, as isn't the case with ITC Holdings indicates a sagging business. One needs to compare the QoQ topline or sales growth of ITC stock with its peers like CRPJY stock and OGE stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: This refers to the last line in a profit and loss statement and denotes the net profit or loss for a particular period. The figure currently stands at $82M for ITC Holdings for 2018 Q1. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.

The income statement is also called the profit and loss statement. Apart from the ITC income statement, one can check the ITC Holdings historical stock prices to check how the price has moved with time.