1Y Forward EPS Growth is calculated as the percentage change between estimated EPS for the current financial year and actual EPS for the most recently reported financial year.
Earnings per share (EPS) is calculated as net profit divided by the common shares outstanding. EPS is a portion of the company’s profit that is allocated to each outstanding share of common stock.
EPS growth indicates the growth rate of the company’s profit, per unit of equity. Theoretically, a company might be able to expand its operations and increase its profits by issuing more shares and investing the same into business. However because of increase in the number of shares, EPS will not grow. A company that is able to grow its profit, per unit of equity, is considered to be efficient.