51.   This practice helps the banks to smooth reported earnings to show a constant year-to-year progression.

52.   This had the unusual effect of causing it to restate its earnings higher for three quarters and reduced its ability to enhance its reported earnings in future quarters.

53.   This, coupled with good reported earnings from other life companies, bodes well for the life insurers, analysts said.

54.   Unlike reported earnings, there is little a company can do to overstate its bank balance.

55.   U.S. stocks climbed for a third day as dozens of companies reported earnings that exceeded expectations.

56.   A higher estimate of those expenses reduces the amount of reported earnings.

57.   Greenspan said current accounting rules, which do not require stock options to be charged as company expenses, allow many corporations to inflate reported earnings.

58.   The tax investigators can just check the reported earnings against monthly electricity bills, which can also be included in the tax map database.