# Expected Income Statement

A 5-year forward projection of a company's financial performance using NAIC methodology. Starting from current sales, it applies growth forecasts and profit ...

Canonical: https://www.manifestinvesting.com/glossary/expected-income-statement

A 5-year forward projection of a company's financial performance using NAIC methodology. Starting from current sales, it applies growth forecasts and profit margins to project future EPS, then uses historical P/E ratios to estimate future stock price and calculate the projected annual return.