earnings per share

the net income of a corporation divided by the total number of shares of its common stock outstanding at a given time. Abbreviation: EPS
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To the extent that the company issues debt to buy equity, that might indeed
  boost earnings per share.
Today, many corporations drive earnings per share rather than revenue.
Using cash to buy back equity boosted earnings per share, making it easier for
  companies to meet quarterly profits targets.
The constant stream of rights issues diluted earnings per share, contributing
  to the market's fall.
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