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How much money does ABX group make?

ABx Group (ASX:ABX) has a recorded net income of -$5.83 million. ABX has generated -A$0.03 earnings per share over the last four quarters. Shock and Awe.

What is basic earnings per share?

Basic earnings per share is a rough measurement of the amount of a company's profit that can be allocated to one share of its common stock. Businesses with simple capital structures, where only common stock has been issued, need only release this ratio to reveal their profitability.

What is the ABX index?

The ABX Index is an index that represents 20 subprime residential mortgage-backed securities (RMBS). The Index, created by market intelligence firm Markit, is used as a financial benchmark measuring the overall value and performance of the subprime residential mortgage market. The ABX Index tracks a basket of the 20 largest residential MBS.

What is a company's earnings?

A company's earnings are its after-tax net income. This is the company's bottom line or its profits . Earnings are perhaps the single most important and most closely studied number in a company's financial statements.

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