SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 99 RS stocks--WATCH THEM FLY HIGHER AND HIGHER -- Ignore unavailable to you. Want to Upgrade?


To: freelyhovering who wrote (238)10/29/1997 8:00:00 PM
From: Early Out  Respond to of 836
 
To quote O'Neil:

"The first 'additional' news item in IBD is the earnings per share (EPS) rank, which calculates every company's growth in earnings per share over the last five years and the stability of that growth. A company's percentage change in earnings per share for the two most recent quarters, versus the same quarters a year ago, is combined and then everaged with its five year earnings growth record. The result is compared with all other common stocks in the price tables and ranked on a scale from 1 to 99, with 99 being the highest. An 80 EPS rank means that particular company's bottom line earnings results are in the top 20% of the more than 7000 corporations being measured."

He goes on to say,

"Earnings estimates are not used in the calculation because they are opinions and are sometimes innacurate, whereas reported earnings are actual reported facts." (JSC - well, MOST of the time anyway!)