"Pretax profit" refers to the amount of money a company makes before it subtracts taxes. It is the income earned from its operations or business activities that is not yet burdened by taxes. Full definition
Uber and Lyft were recently at the center of a bombshell MIT study that reported Uber and Lyft drivers earn a median pretax profit of $ 3.37 per hour, far below the minimum wage. (businessinsider.com)
HSBC, Europe's largest bank, announced a 5 percent rise in pretax profits in the first half of 2017 as well as the third share buyback in a year. (cnbc.com)
Britain's FTSE 100 index is seen opening up 20 points on Wednesday, according to financial bookmakers * STANDARD CHARTERED: Standard Chartered Plc posted a better - than - expected 20 percent rise in pretax profit for the first three months of the year, helped by a surge in loan demand and improvement in asset quality. (reuters.com)