With an average 316.7 million shares outstanding, this resulted in basic earnings per common share of $6.59.” ($2,100 million – $12 million) ÷ $316.7 million = $6.59 ...

Earnings per share (EPS) measures a company’s profitability.When calculating EPS, sometimes investors may use the weighted average of shares at the beginning and ending period being measured ...

First, the author noted that earnings per share is a valuation ratio, which is to say it is one that investors use when they are trying to establish how much a company is worth. He explained ...