GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » PIMCO Corporate & Income Strategy Fund (NYSE:PCN) » Definitions » Net Income

PIMCOorate &ome Strategy Fund (PIMCOorate &ome Strategy Fund) Net Income : $75.41 Mil (TTM As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is PIMCOorate &ome Strategy Fund 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. PIMCOorate &ome Strategy Fund's Net Income for the six months ended in Dec. 2023 was $52.90 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $75.41 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. PIMCOorate &ome Strategy Fund's Earnings per Share (Diluted) for the six months ended in Dec. 2023 was $1.02.


PIMCOorate &ome Strategy Fund Net Income Historical Data

The historical data trend for PIMCOorate &ome Strategy Fund'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.

PIMCOorate &ome Strategy Fund Net Income Chart

PIMCOorate &ome Strategy Fund Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jun22 Jun23
Net Income
Get a 7-Day Free Trial 55.28 -30.79 120.75 -80.32 42.05

PIMCOorate &ome Strategy Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Dec22 Jun23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.83 0.79 19.55 22.50 52.90

PIMCOorate &ome Strategy Fund 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

PIMCOorate &ome Strategy Fund's Net Income for the fiscal year that ended in Jun. 2023 is calculated as

Net Income(A: Jun. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=42.052+0+0+0
=42.05

PIMCOorate &ome Strategy Fund's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=52.903+0+0+0
=52.90

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $75.41 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.


PIMCOorate &ome Strategy Fund  (NYSE:PCN) 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:

PIMCOorate &ome Strategy Fund's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 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.


PIMCOorate &ome Strategy Fund Net Income Related Terms

Thank you for viewing the detailed overview of PIMCOorate &ome Strategy Fund's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


PIMCOorate &ome Strategy Fund (PIMCOorate &ome Strategy Fund) Business Description

Traded in Other Exchanges
N/A
Address
1633 Broadway, New York, NY, USA, 10019
PIMCO Corporate & Income Strategy Fund is a closed-end management investment company. Its objective is to seek high current income. The secondary investment objective of the fund is capital preservation and appreciation. It invests in corporate bonds and notes, non-agency mortgage-backed securities, asset-backed securities, short-term instruments, and others.
Executives
Giang Huong Bui other: SEE REMARKS C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Bank Of America Corp /de/ other: Former 10% Owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Bank Of America Na other: Former 10% Owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Maria Marchenko Golota officer: ASSISTANT TREASURER C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Jason Raul Duran officer: VICE PRESIDENT C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Gregory John Mason officer: VICE PRESIDENT C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Sonali Shah Pier other: SEE REMARKS C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Jason Robert Steiner other: SEE REMARKS 650 NEWPORT CENTER DR., NEWPORT BEACH CA 92660
Douglas Benjamin Burrill officer: Vice President C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Kenneth W. Lee officer: Vice President C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Kathleen Ann Mccartney director C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Keith Adam Werber officer: VICE PRESIDENT C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Elizabeth Davis Cantrill other: SEE REMARKS C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Julie Ann Meggers other: SEE REMARKS C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Mark Allen Jelic officer: Vice President C/O PACIFIC INVESTMENT MANAGEMENT, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660

PIMCOorate &ome Strategy Fund (PIMCOorate &ome Strategy Fund) Headlines

From GuruFocus

Pimco Closed-End Funds Declare Monthly Common Share Distributions

By Marketwired Marketwired 06-04-2019

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

By Marketwired Marketwired 02-02-2021

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

By Marketwired Marketwired 11-02-2019

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

By Marketwired Marketwired 02-04-2020

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

By Marketwired Marketwired 09-02-2020

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

By Marketwired Marketwired 12-02-2020

PIMCO CLOSED-END FUNDS DECLARE MONTHLY COMMON SHARE DISTRIBUTIONS

By Marketwired Marketwired 04-02-2020

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

By Marketwired Marketwired 08-02-2019

PIMCO Closed-End Funds Declare Special Year-End Distribution

By Value_Insider Value_Insider 12-05-2022