Corporate Profits Released On 9/26/2013 8:30:00 AM For Q2:13 Prior Actual After-tax Profits - Y/Y change 5.8 % 5.3 % Highlights Corporate profits in the second quarter were revised down to $1.821 trillion from the initial estimate of $1.830 trillion and compared to $1.785 trillion in the first quarter. Profits in the second quarter increased an annualized 8.5 percent after slipping 2.6 percent in the first quarter. Profits are after tax but without inventory valuation and capital consumption adjustments. Corporate profits on a year-on-year basis increased 5.3 percent versus 3.5 percent in the first quarter.
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