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Revenue is the income generated by the company by making sales of its core products before excluding any of the expenses while earnings are the revenues generated by the company after deducting expenses and cost of goods sold.
SO
revenue=Sales of goods
Earnings=Sales of goods-COGS-direct expenses
Revenues: is the amount earned before deducting the cost of goods sold, expenses, and losses.
In other words, revenues is the gross amount earned from selling goods or providing services during the period shown in the heading of the income statement.
Earnings:is often presented as net earnings or net income. it is the net amount earned after deducting the cost of goods sold, expenses and losses.
Revenue is income generated from sale of good and services of business entity while as Earning is the net income earned net of all expenses deductions
Revenues are core business income stream whereas the earnings can be from other sources as well for eg, FMCG selling goods is a revenue stream whereas interest income, exchange gain, gain on disposal of fixed assets are earning stream
Earnings is the net income while revenue is the gross income
Only Name Difference . Revenues Comes in and makes earning
Revenue generated against sales goods, works or services. Normally earnings linked with individual sales of services.
Revenues are the total amount of money a company receives from sale of goods or services, while the earnings are the profits generated from company revenues, so simply earnings are Cpmpany profit = Revenue-GOGS-Expenses
Earning are the net income what we get in return of our services provided Earning are related to the person. Revenue is the income while the business sells some of goods or provide services and get the compensation against these services or goods revenue relates to the business not relates to the person.
