Difference between operating profit & EBIT

[Enlighten_me]

The CFA book mentions that operating profit is sometimes referred to as EBIT.

Also it mentions that operating profit isn’t necessarily EBIT which I don’t understand.

I would appreciate it if someone could explain to me the difference between operating profiit & EBIT.

[S2000magician]

Earnings from discontinued operations is included in EBIT, but not in operating profit.

[SHoot85]

@S2000magician

Earnings from discontinued operations is included in EBIT, but not in operating profit.

Extraordinary items (under GAAP) as well? or no

[Enlighten_me]

@S2000magician

Earnings from discontinued operations is included in EBIT, but not in operating profit.

Got it. Thank you!

[S2000magician]

My pleasure.

[S2000magician]

@SHoot85

@S2000magician

Earnings from discontinued operations is included in EBIT, but not in operating profit.

Extraordinary items (under GAAP) as well? or no

I would think so, but I’ve never seen anything in print to confirm this.