nonrecurring gain

The 1986 quarter included a nonrecurring gain of $2.8 million.

Last quarter the company was able to meet analysts forecasts through the use of some nonrecurring gains, she added.

Profit included a one-time 5-cent-a-share nonrecurring gain from a stock sale.

And the nonrecurring gains and losses were nearly equal.

The J. P. Morgan earnings benefited from several nonrecurring gains.

The company said the latest results include a nonrecurring gain of $5.3 million from termination of a pension plan.

The estimates include nonrecurring gains.

But one Union Pacific shareholder is unhappy that a nonrecurring gain from an equity deal will help executives reach the targets.

Last year it earned $42.4 million, or $2.68 a share, including a nonrecurring gain of 28 cents a share.

These debits were more than offset by $510 million in nonrecurring gains for Coke that amounted to a gain of 2 cents a share.

The carrier, based in Houston, had nonrecurring gains of $34.2 million and $9.8 million in the 1988 quarter.

Analysts said the results were especially encouraging because, unlike some previous quarters, BankAmerica's report was not full of unusual, nonrecurring gains.

The latest quarter included a nonrecurring gain on sale of its Triangle Industries affiliate of $8,400,000.

Included in the 1988 earnings was a nonrecurring gain of $103.1 million after taxes from the sale of interests in cellular telephone operations.

The quarterly results for Continental included nonrecurring gains of $81.2 million and $10.6 million, mostly from selling assets and retiring debt.

Latest quarter and 9-month results included nonrecurring gains of $11.3 million and $79.2 million, respectively, from the sale of assets by Continental.

The company noted that last year's second quarter included a $6.4 million nonrecurring gain from the sale of its Holden Vale Manufacturing Company.

Citicorp recorded $85 million in nonrecurring gains from the sale of real estate in emerging markets and restructuring of bank debt in Ecuador.

That gain nearly matched a nonrecurring gain of $86.6 million in last year's second quarter that the company recorded from the sale of a property-casualty insurance unit.

If nonrecurring gains are excluded from the 1989 and 1988 results, earnings in the current year will decline by about 4 percent, to about $150 million from $155 million.

Chemical's current-quarter results include a nonrecurring gain of $40.4 million from a pension settlement and a gain of $23.3 million from the sale of several businesses.

The results for the most recent quarter included a nonrecurring gain of 3 cents a share from the sale of stock in the British publisher Dorling Kindersly.

He noted that in the fourth quarter of 1985 there was a net nonrecurring gain of 7 cents a share from the sale of the company's Fireman's Fund subsidiary.

The 1987 quarter included a $135 million provision for loan losses related to international debts and a nonrecurring gain of $48.9 million on the sale of RMJ Securities.

Noninterest income for the second quarter of 1992 was $1 billion, which included a nonrecurring gain of $157 million related to the sale of Bank of America's payroll processing business.