GRINDROD will sell its 9.6 percent stake in Grindrod Shipping Holdings, parting once and for all with the company that was established in 1910 and from which it was founded. Grindrod, which now focuse
, 200 Cantonment Road, 03 01 Southpoint, Singapore. | Sector: Transportation and Warehousing | Exchange: NASDAQ | Web: www.grinshipping.com
EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.
In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.
Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.
If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.