What in the world can that mean? Well, In our 60 Seconds (or so) special series, I'm here to break it down for you.
Let's get to it, shall we?
It means earnings-per-share.
Don't be intimidated. It's just an earnings projection, but with one added arithmetic step.
Earnings are total revenues for a time period less total expenses for that period.
But each shareholder holds a certain number of shares, and it attributed a certain number of earnings dollars based on the number of shares they hold.
Well, we just divide earnings by total shares outstanding and we get earnings per share.
See the significance, the meaning, and why you, as an investor should care, in the above video.
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