Originally Posted by
Sunvox
Huh?
How to calculate and report EPS is clearly defined in many areas not least of which is GAAP accounting rules. Common Shares outstanding are listed under Stockholder Equity in the Q2 UAL 10-Q and are all that matter when reporting under GAAP.
323 mil Q2 2016 vs 365 mil Q4 2015
Share buy backs do not impact PS nor are EPS calculations relevant to PS.
huh?
the "e" in eps is earnings. earnings are net income or profit. so eps are related, in some way, to eventual share of profit under our profit share scheme
not causal, but related. of course, eps is a metric. like ias is a metric of how fast the jet is sliding thru the air. sure, weight, pitch, thrust, drag, etc, etc, actually determine the speed of the slide thru the air. but ias is a good metric. as eps is a good metric of profits. stand by on the "s" number in eps. I'm reaching out to friends ( one a cfo and one a treasurer of fortune 100 co's) I'll get back. but the "s" in eps is susceptible to interpretation and manipulation. stand by