GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » New Horizon Aircraft Ltd (NAS:HOVR) » Definitions » Earnings per Share (Diluted)

New Horizon Aircraft (New Horizon Aircraft) Earnings per Share (Diluted) : $ (TTM As of May. 2023)


View and export this data going back to 2024. Start your Free Trial

What is New Horizon Aircraft Earnings per Share (Diluted)?

New Horizon Aircraft's Earnings per Share (Diluted) for the six months ended in May. 2023 was $-0.05.

New Horizon Aircraft's EPS (Basic) for the six months ended in May. 2023 was $-0.05.

New Horizon Aircraft's EPS without NRI for the six months ended in May. 2023 was $-0.05.


New Horizon Aircraft Earnings per Share (Diluted) Historical Data

The historical data trend for New Horizon Aircraft's Earnings per Share (Diluted) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

New Horizon Aircraft Earnings per Share (Diluted) Chart

New Horizon Aircraft Annual Data
Trend May22 May23
Earnings per Share (Diluted)
-0.08 -0.05

New Horizon Aircraft Semi-Annual Data
May22 May23
Earnings per Share (Diluted) -0.08 -0.05

Competitive Comparison of New Horizon Aircraft's Earnings per Share (Diluted)

For the Aerospace & Defense subindustry, New Horizon Aircraft's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


New Horizon Aircraft's PE Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, New Horizon Aircraft's PE Ratio distribution charts can be found below:

* The bar in red indicates where New Horizon Aircraft's PE Ratio falls into.



New Horizon Aircraft Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

New Horizon Aircraft's Earnings Per Share (Diluted) for the fiscal year that ended in May. 2023 is calculated as

Diluted Earnings Per Share (A: May. 2023 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(-0.866-0)/16.693
=-0.05

New Horizon Aircraft's Earnings Per Share (Diluted) for the quarter that ended in May. 2023 is calculated as

Diluted Earnings Per Share (Q: May. 2023 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(-0.866-0)/16.693
=-0.05

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.


New Horizon Aircraft  (NAS:HOVR) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


New Horizon Aircraft Earnings per Share (Diluted) Related Terms

Thank you for viewing the detailed overview of New Horizon Aircraft's Earnings per Share (Diluted) provided by GuruFocus.com. Please click on the following links to see related term pages.


New Horizon Aircraft (New Horizon Aircraft) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3187 Highway 35, Lindsay, ON, CAN, K9V 4R1
Website
New Horizon Aircraft Ltd is an advanced aerospace Original Equipment Manufacturer that is designing and aiming to build a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its unique aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, Floods and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.

New Horizon Aircraft (New Horizon Aircraft) Headlines

From GuruFocus

Horizon Aircraft Provides Corporate Update

By Marketwired 04-16-2024