When a company does something dilutive (or anti-dilutive) then previous metrics are recalculated (split adjusted) for comparison. Also, as someone else mentions

When a company does something dilutive (or anti-dilutive) then previous metrics are recalculated (split adjusted) for comparison. Also, as someone else mentions, EPS in its own right is meaningless. P/E ratios are a more common (albeit flawed) way to compare companies' relative valuations.