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Putnam Premierome Trust (Putnam Premierome Trust) Net Income : $18.06 Mil (TTM As of Jan. 2024)


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What is Putnam Premierome Trust Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Putnam Premierome Trust's Net Income for the six months ended in Jan. 2024 was $17.90 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jan. 2024 was $18.06 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Putnam Premierome Trust's Earnings per Share (Diluted) for the six months ended in Jan. 2024 was $0.20.


Putnam Premierome Trust Net Income Historical Data

The historical data trend for Putnam Premierome Trust's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Putnam Premierome Trust Net Income Chart

Putnam Premierome Trust Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Net Income
Get a 7-Day Free Trial 22.14 -23.38 17.03 -20.45 0.96

Putnam Premierome Trust Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9.75 -10.71 0.80 0.16 17.90

Putnam Premierome Trust Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Putnam Premierome Trust's Net Income for the fiscal year that ended in Jul. 2023 is calculated as

Net Income(A: Jul. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.956+0+0+0
=0.96

Putnam Premierome Trust's Net Income for the quarter that ended in Jan. 2024 is calculated as

Net Income(Q: Jan. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=17.904+0+0+0
=17.90

Net Income for the trailing twelve months (TTM) ended in Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $18.06 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Putnam Premierome Trust  (NYSE:PPT) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Putnam Premierome Trust's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jan. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Putnam Premierome Trust Net Income Related Terms

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Putnam Premierome Trust (Putnam Premierome Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Federal Street, Boston, MA, USA, 02110
Putnam Premier Income Trust is a Massachusetts business trust operating as a non-diversified closed-end management investment company. The fund is currently operating as a diversified fund. Its investment objective is to seek high current income consistent with the preservation of capital by allocating its investments to the U.S. government sector.
Executives
Stephen R Denny officer: Head HR- Diversity & Inclusion, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Manoj P Singh director PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Michael V Salm officer: Portfolio Manager/Putnam.Inv. PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Carlo Forcione officer: Head of Product and Strategy, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Catherine Saunders officer: Head,Corporate Sustainability, other: and Public Policy - Putnam Inv PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Mona Sutphen director 777 HIDDEN RIDGE, IRVING TX 75038
Jennifer Murphy director LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Marie Pillai director C/O PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Jacquelyn S Vanderbrug officer: Headof Sustainability Strategy, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Brendan T Murray officer: Head of Global Inv. Strategies, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Alan Mccormack officer: Vice President and, other: Derivatives Risk Manager PUTNAM INVESTMENTS, 16 ST. JAMES'S STREET, LONDON X0 SW1A 1ER
Martin Lemaire officer: Vice President and, other: Derivatives Risk Manager PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Steven P Mckay officer: Head of Global DCIO, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Kaitlin May officer: Head of Global Institutional, other: Management /Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Stephen J Tate officer: General Counsel, other: Chief Legal Officer/Putnam Inv PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110