Lord Abbett Convertible Fund's EBIT is $2.4M, below the sector sector average of $2.6T.
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+ FollowAs of Oct 31, 2023
Trailing 12 months ending Oct 31, 2023
Lord Abbett Convertible Fund (LACFX) currently reports a EBIT of $2.4M as of October 2023. That compares with $-31M in the prior-year period — up 107.6% year over year. That is below the sector sector average of $2.6T. Use the charts on this page to explore Lord Abbett Convertible Fund's EBIT history and peer comparisons.
Lord Abbett Convertible Fund's EBIT increased from $-31M to $2.4M — a 107.6% year-over-year increase (period ending October 2023). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.
Lord Abbett Convertible Fund's EBIT of $2.4M is lower than the its sector sector average of $2.6T. That is roughly 100.0% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
Lord Abbett Convertible Fund reported $2.4M in EBIT as of October 2023. That compares with $-31M in the prior-year period — up 107.6% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.
Start with the current EBIT of $2.4M, then check the historical chart for trend and the peer comparison chart for relative positioning. The sector average is $2.6T. From there, open related valuation or income-statement pages for Lord Abbett Convertible Fund, and consider following LACFX for alerts when major investors trade the stock.