ApexVol
Basics

Earnings Per Share (EPS)

Net profit divided by shares outstanding

What is Earnings Per Share (EPS)?

Earnings Per Share (EPS) A company's net profit divided by the number of outstanding shares. EPS beats or misses relative to analyst estimates drive post-earnings stock moves. Options traders use expected move calculations to price in anticipated earnings volatility.

Complete Definition

A company's net profit divided by the number of outstanding shares. EPS beats or misses relative to analyst estimates drive post-earnings stock moves. Options traders use expected move calculations to price in anticipated earnings volatility.

Example

Analysts expect $1.50 EPS. The company reports $1.65 (a beat), and the stock gaps up, causing IV crush on options.

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