statement of earnings noun [C]. âº ACCOUNTING, FINANCE an âofficial âdocument that is âpart of a company's âfinancial âresults and gives details of its âprofit or âloss for a particular âperiod: During the âboom âyears, âcompanies put out exaggerated âstatements of âearnings.
Lagging indicators report on data that comes from past activity. The difference between leading and lagging indicators is the latter can indicate whether the nationâs economy is actually growing or contracting. A few examples of leading indicators may be bond yields or housing starts. Bonds are typically safe investments with little inherent risk.
Phase difference, also called phase angle, in degrees is conventionally defined as a number greater than -180, and less than or equal to +180. Leading phase refers to a wave that occurs ahead of another wave of the same frequency. Lagging phase refers to a wave that occurs behind another wave of the same frequency. When two signals differ in phase by -90 or +90 degrees, they are said to be in phase quadrature.