Examples of Adjusted EPS in a sentence
Adjusted EPS was 1.95 $/share in Q4 2022, compared to 0.40 $/share in Q4 2021.▪ In Q4 2022, CAPEX was 145.2 $MM, reflecting the drilling of eight wells and the completion of seven wells in our Vaca Muerta blocks.▪ In Q4 2022, the Company recorded a positive free cash flow of 57.2 $MM.
Adjusted EPS (Earnings per share): Adjusted Net Income/Loss divided by weighted average number of ordinary shares.
Adjusted EPS was 4.23 $/share in 2022, compared to 0.89 $/share in 2021.
Adjusted EPS is used to calculate performance outcomes, meaning that the Board retains the discretion to adjust EPS to ensure that participants are not penalised or provided with a windfall gainarising from matters outside of management’s control (for example, one-off non-recurrent items).