Question

earnings per share when number of shares is not fixed

Answer 1

The number of outstanding shares is used in calculating key metrics such as a company's market capitalization, as well as its earnings per share (EPS) and cash flow per share (CFPS). A company's number of outstanding shares is not static, but may fluctuate widely over time. Also known as “shares outstanding.”

Answer 2

athe number of outstanding shares is
used in calculating key metrics such
as a company's market capitalization as well as its earnings per share