Earnings Per Share Growth definition

Earnings Per Share Growth. In General: EPS growth is determined based on the annual growth rate of the Company’s EPS during the applicable EPS Measurement Period. For purposes of this calculation, (i) the starting point to calculate EPS growth shall be the Company’s EPS for the twelve (12)-month period preceding the applicable EPS Measurement Period, (ii) the ending point to calculate EPS growth shall be the Company’s EPS with respect to, and as of the close of, such EPS Measurement Period. EPS shall be determined on a non-GAAP basis. In calculating non-GAAP financial measures, the Committee shall exclude certain items to facilitate a review of the comparability of the Company’s operating performance on a period-to-period basis because such items are not, in the Committee’s view, related to the Company’s ongoing operational performance. All adjustments shall be subject to approval by the Committee to ensure that payout levels are consistent with performance.

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Earnings Per Share Growth. In General: EPS growth is determined based on the annual growth rate of the Company’s EPS during the applicable EPS Measurement Period. For purposes of this calculation, (i) the starting point to calculate EPS growth shall be the Company’s EPS for the twelve (12)-month period preceding the applicable EPS Measurement Period, (ii) the ending point to calculate EPS growth shall be the Company’s EPS with respect to, and as of the close of, such EPS Measurement Period. EPS shall be determined on a non-GAAP basis. In calculating non-GAAP financial measures, the Committee shall exclude certain items to facilitate a review of the comparability of the Company’s operating performance on a period-to-period basis because such items are not, in the Committee’s view, related to the Company’s ongoing operational performance. The non-GAAP measures are intended to more accurately evaluate the Company’s operating performance and for calculating return on investment. For instance, for fiscal year 2020, non-GAAP adjustments consisted of excluding after-tax stock-based compensation expense, amortization of intangible, customer related assets impairments, restructuring charges, the new revenue standard adoption impact, legal and other, interest and other, net and other charges (income), net. All adjustments shall be subject to approval by the Committee to ensure that payout levels are consistent with performance.

Earnings Per Share Growth or “EPS Growth” means the difference between the Cumulative Performance Period EPS and the Cumulative Baseline Period EPS, expressed as a percentage of the Cumulative Baseline Period EPS.

Examples of Earnings Per Share Growth in a sentence

• The Earnings Per Share Growth Rate of the companies in the Index will be determined using an independent third party data system.

• For example, if the Company's Earnings Per Share Growth Rate during the Performance Period places the Company's performance in the ___th percentile, then the number of Performance Shares would be increased to ______ multiplied by the Base Grant.

• The Company's Earnings Per Share Growth for the years 1992, 1993 and 1994 are 10.00%, 9.25% and 7.25% respectively.

• The Performance Units are contingently awarded subject to the condition that the number of Performance Units, if any, earned by the Participant upon the expiration of the Award Cycle is dependent (in the manner hereinafter set forth) on the Company’s Average Earnings Per Share Growth during the Award Cycle.

• The Performance Units are contingently awarded subject to the condition that the number of Performance Units, if any, earned by the Participant upon the expiration of the Award Cycle is dependent (in the manner hereinafter set forth) on the Company's Average Earnings Per Share Growth during the Award Cycle.

• In no event will Employee be entitled to receive a number of Performance Shares greater than ___ times the Base Grant, even if the Company's Earnings Per Share Growth Rate during the Performance Period places the Company's performance higher than the ____th percentile.

• For example, if the Company’s Earnings Per Share Growth Rate during the Performance Period places the Company’s performance in the 80th percentile, then the number of Performance Shares would be increased to 1.667 multiplied by the Base Grant.

• Thus, for example, if the Company’s earnings per share were $____ for the year ended December 31, ____, the Company’s Average Earnings Per Share Growth would be ____% [1/3 x ($____)].

• If the S&P Electric Utilities Index is discontinued, the S&P comparable replacement index for the sector will be used for computing Earnings Per Share Growth Rate.

• For example, if the Compounded Earnings Per Share Growth Rate is eleven percent (11%), a factor would be calculated by subtracting the Minimum Performance Level from eleven percent (11%) and dividing this amount by five percent (5%) which is the difference between the Maximum and Minimum Performance Levels (i.e., 11% - 7 1/2% / 5% = .7).

More Definitions of Earnings Per Share Growth

Earnings Per Share Growth. ("EPS Growth") means for any Fiscal Year the Net Income per share for the Fiscal Year less the Net Income per share for the prior Fiscal Year divided by the Net Income per share for the prior Fiscal Year, expressed as a percentage and rounded to the nearest tenth of one percent.

Earnings Per Share Growth for a given fiscal year is the percentage increase, if any, of the Company's earnings per share from continuing operations, on a fully-diluted basis, as of the end of the relevant fiscal year, over the earnings per share from continuing operations, on a fully-diluted basis, as of the end of the immediately preceding fiscal year.

Earnings Per Share Growth. In General: EPS growth is determined based on the annual growth rate of the Company’s EPS during the Performance Period. For purposes of this calculation, (i) the starting point to calculate EPS growth shall be the Company’s adjusted EPS as of the end of the fiscal year preceding the beginning of the Performance Period, and (ii) the ending point to calculate EPS growth shall be the Company’s EPS with respect to, and as of the close of, such Performance Period. EPS shall be determined on a non-GAAP basis. In calculating non-GAAP financial measures, the Committee shall exclude certain items to facilitate a review of the comparability of the Company’s operating performance on a period-to-period basis because such items are not, in the Committee’s view, related to the Company’s ongoing operational performance. All adjustments shall be subject to approval by the Committee to ensure that payout levels are consistent with performance.

Earnings Per Share Growth means the difference, expressed as a percentage, between the Corporation's net income applicable to common stockholders per Share in a fiscal year versus the Corporation's net income applicable to common stockholders per Share in the immediately preceding fiscal year. When calculating the Corporation's net income applicable to common stockholders for purposes of this Plan, the Committee may include or exclude items (including, without limitation: one-time gains or losses on the sale of assets; restructuring or restructuring-related charges; or merger or merger-related charges) as it determines in its sole discretion.

Earnings Per Share Growth means the one-year growth rate in Earnings per Share, as reported by Bloomberg or by another widely available source.