Earning per share reports how much revenue is earned for each share of common stock outstanding group starts. This statement is False.
Earnings per share (EPS) is a prominent statistic used by investors to assess a stock or company since it represents how lucrative a firm is per share. EPS is determined by deducting any preferred dividends from net income and dividing the result by the number of outstanding shares.
Net income is the amount of money left in a reporting period after deducting all cash and non-cash costs, and net income minus preferred dividends equals a company's profit for the time. Preferred dividends must be deducted since preferred stock holders have contractual rights to dividend distributions.
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