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Save & Exit Submit Use the information in the following stock quote to calculate Abercrombie & Fitchs eanings per share over


rcises Use the information in the following stock quote to calculate Abercrombie & Fitchs earnings per share over the last y
exercises Save & Exit Saved Help Submit ate Abercrombie & Fitchs earnings per share over the last year. (Round your (7) Net
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Answer #1

The formula for calculating Earnings per share of the company is as follows:

Net profit / No. of shares outstanding

Market Price / PE Ratio

Since, in this question the net profit and number of shares is not present, EPS can be calculated from Market price and PE ratio. The closing price can be taken as Market price.

EPS = Market Price / PE Ratio

        = 42.60 / 60.29

        = 0.71

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