1) Our goal is to build operating earnings.

2) Once the earnings are weighted by market value, operating earnings rise to about $79.40, giving the market a very cheap P/E ratio of 10.

3) Second-quarter 2010 operating earnings are projected at $18.59, up from $13.01 a year earlier. That's 43% earnings growth.

4) Operating earnings ignore one-time deductions from earnings for things like restructuring charges, merger expenses and investment losses.

5) But I was concerned about the impact in operating earnings and I was prepared for much worse.

6) Operating earnings estimates are over 39 % higher than estimated as - reported earnings.

7) Operating earnings exclude investment and derivative gains and losses. He didn't mention net income.

8) In 1987, these seven business operating earnings before interest and taxes of $ 180 million.

9) But I was about the impact in operating earnings and I was prepared for much worse.

10) But if you take out $100 a share in cash, and understand Google can soon earn $40 a share, investors are paying 12 times operating earnings.

11) Macquarie Group said in a research note on Monday that Rio Tinto's iron ore division generated close to 80 percent of the group's operating earnings in the first half of 2009.

12) Records of individual sub-account to pay all my employees to pay the investment operating earnings, the balance and so on.

13) By that measure, Berkshire's results improved in the quarter. Operating earnings were $3.81 billion, or $2, 309 per Class A share, compared with $2.79 billion in last year's third quarter.

14) As we have noted, we evaluate single-year corporate performance by comparing operating earnings to shareholders' equity with securities valued at cost.

15) Adjusted for Microsoft's cash hoard, the two estimate they bought shares for seven times Microsoft's operating earnings.

16) Business enterprises to the employee sub-account records of all personal accounts to pay the transfer and investment operating earnings,[http:///operating earnings.html] the balance and so on.

17) Citigroup first - quarter loss of 18 cents share , General Electric continued operating earnings share of 26 cents.

18) That's fair enough, but modern companies tend to produce one-time charges with such regularity that operating earnings might be too chipper a number to use for pricing the broad market.