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There is a lot of bad financial reporting out there, but this isn't it. They aren't "comparing the per-share number to the total revenue." They are comparing th
by minimax 13y ago
There is a lot of bad financial reporting out there, but this isn't it. They aren't "comparing the per-share number to the total revenue." They are comparing the current quarter's EPS to the EPS for the same quarter a year ago and to the consensus expected EPS. The difference between the expected EPS and the actual EPS accounts for the jump in share price. EPS is just a way of normalizing earnings on a per share basis, kind of like how we quote the price per share (about $31 right now) rather than the total market cap.