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Thursday, December 23, 2004 1:04:30 PM
http://www.investopedia.com/terms/e/eps.asp
Earnings per Share - EPS
The portion of a company's profit allocated to each outstanding share of common stock. Calculated as:
Companies usually use a weighted average number of shares outstanding over the reporting term.
This is the single most popular variable in dictating a share's price. EPS indicates the profitability of a company.
The diluted EPS means that the outstanding shares include any convertibles or warrants outstanding.
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Got it, yet?
So pointing to a PR claiming 2.3 million referring to an earnings PERIOD doesn't contradict the fact of 6,176,035 shares outstand currently.
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