Extraordinary Gains Losses (Historical)

Returns historical extraordinary gains or losses for a company. These are unusual, infrequent items that are both unusual in nature and infrequent in occurrence, reported separately from regular operations.

Supported Symbols

Type Format Example
US Stocks SYMBOL AAPL, MSFT
ETFs SYMBOL SPY, QQQ
International SYMBOL SHOP, TSM

Parameters

Parameter Description
Symbol Stock ticker symbol
Year Fiscal year (2020, 2021) or period code (lq, ly, lt)
Quarter Optional: 1, 2, 3, or 4 for quarterly data
TTM Optional: Set to "TTM" for trailing twelve months

Types of Extraordinary Items

Type Examples
Natural Disasters Hurricane, earthquake damage
Expropriation Government seizure of assets
Legal Large lawsuit settlements
Tax Major tax law changes

Notes

  • Under current GAAP, extraordinary item classification is rarely used
  • Most "unusual" items now reported in continuing operations
  • Positive values are gains, negative are losses

Examples

Boeing extraordinary items
=hf_Extraordinary_gains_losses("GE", 2023, 2)
GE Q2 2023
ExxonMobil last fiscal year
=hf_Extraordinary_gains_losses("AAPL", 2023, , "TTM")
Apple TTM
Cell references

When to Use

  • Identifying true one-time items
  • Adjusting earnings for unusual events
  • Understanding earnings quality
  • Comparing normalized earnings
  • Historical event impact analysis

When NOT to Use

Scenario Use Instead
Need operating gains/losses hf_Operating_gains_losses()
Need net income hf_Net_income_loss()
Need operating income hf_Operating_Income()
Need EBITDA hf_EBITDA()

Common Issues & FAQ

Q: Why is this usually zero? A: Under current accounting rules, true "extraordinary items" are rare. Most unusual items are now included in operating results rather than reported separately.

Q: How do I find one-time items? A: Look at company disclosures, operating gains/losses, and restructuring charges. True extraordinary items as defined by GAAP are uncommon.

Q: Why am I getting "NA"? A: Most companies have no extraordinary items to report in most periods.

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