Net Extraordinary Income

Net Extraordinary Income (NEI) is a financial metric that shows the net profit earned by a company from an extraordinary event or transaction. Extraordinary events or transactions are those that are considered highly unusual or infrequent and fall outside of the company's normal operations. These may include one-time gains or losses from a lawsuit, sale of a major asset, or restructuring costs.

The NEI is calculated by subtracting the extraordinary expenses from the extraordinary revenue. It provides investors with insights into a company's profitability from unusual and non-recurring events, which can significantly impact its financial performance in the short term. However, it must be noted that NEI is not a regular operating item and should be examined in conjunction with other financial metrics to get a complete picture of the company's financial health.

Additional Details

Metric Name	Type	Default Period Type
extraordinary_income	fin_metric	FY

Formatting Details

Data Format	Display Format	Unit
float	financial	usd