Annual earnings change
Definition of Annual earnings change
Annual earnings change is the difference between the earnings of the current year minus the earnings of the previous fiscal year.
The formula for calculating the Annual earnings change is given below:
Current year earning-previous fiscal year earnings=annual earnings change
Let's understand it with an example
Say that a company XYZ had an annual earning of 100 crore for the current year and for the previous fiscal year it was 60 crores so the annual earnings change for the company will be 40 crore.