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Adjusted fourth-quarter earnings, which strip out certain commodity price adjustments and one-time charges, stood at $9.8 billion, beating expectations of $8 billion for the quarter, per the WSJ report.
Source: https://247wallst.com/investing/2023/02/02/big-3-oil-firms-made-a-record-132b-profit-in-2022/
Do you still see the 5% to 8% organic growth CAGR is reasonable when we strip out items like HomeSafe.
However, if we strip out proceeds from the sale of Clean Energy Businesses and other extraordinary items, normalized and diluted EPS declines to $1.46.
The ECB has repeatedly highlighted the dangers of price pressures becoming embedded and has warned about pressures staying "too high for too long", citing measures of core inflation that strip out energy and food prices from the headline rates.
Source: https://www.irishexaminer.com/business/economy/arid-41139727.html
The pair had to strip out all the life saving kit and give it a good clean before installing a desk area, beds, a kitchen and living room.
Source: https://www.express.co.uk/news/uk/1769449/couple-ambulance-renovate-motorhome
Therefore, with respect to calculating a different profitability metric such as return on capital, we would strip out HOLI's cash from the calculation (as it is not needed to run the business) and focus on EBIT instead of net profit.