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Meridian Energy (NZSE:MEL) Earnings per Share (Diluted) : NZ$0.03 (TTM As of Dec. 2023)


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What is Meridian Energy Earnings per Share (Diluted)?

Meridian Energy's Earnings per Share (Diluted) for the six months ended in Dec. 2023 was NZ$0.07. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was NZ$0.03.

Meridian Energy's EPS (Basic) for the six months ended in Dec. 2023 was NZ$0.07. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was NZ$0.03.

Meridian Energy's EPS without NRI for the six months ended in Dec. 2023 was NZ$0.07. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was NZ$0.03.

During the past 12 months, Meridian Energy's average EPS without NRIGrowth Rate was -83.40% per year. During the past 3 years, the average EPS without NRIGrowth Rate was -22.50% per year. During the past 5 years, the average EPS without NRI Growth Rate was -5.30% per year. During the past 10 years, the average EPS without NRI Growth Rate was -2.60% per year.

During the past 13 years, Meridian Energy's highest 3-Year average EPS without NRI Growth Rate was 27.80% per year. The lowest was -28.10% per year. And the median was 2.00% per year.


Meridian Energy Earnings per Share (Diluted) Historical Data

The historical data trend for Meridian Energy'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.

Meridian Energy Earnings per Share (Diluted) Chart

Meridian Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Earnings per Share (Diluted)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.07 0.17 0.18 0.04

Meridian Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Earnings per Share (Diluted) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.12 0.08 -0.04 0.07

Competitive Comparison of Meridian Energy's Earnings per Share (Diluted)

For the Utilities - Renewable subindustry, Meridian Energy'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.


Meridian Energy's PE Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Meridian Energy's PE Ratio distribution charts can be found below:

* The bar in red indicates where Meridian Energy's PE Ratio falls into.



Meridian Energy 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.

Meridian Energy's Earnings Per Share (Diluted) for the fiscal year that ended in Jun. 2023 is calculated as

Diluted Earnings Per Share (A: Jun. 2023 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(95-0)/2581.802
=0.04

Meridian Energy's Earnings Per Share (Diluted) for the quarter that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (Q: Dec. 2023 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(191-0)/2583.938
=0.07

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$0.03

* 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.

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


Meridian Energy  (NZSE:MEL) 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.


Meridian Energy Earnings per Share (Diluted) Related Terms

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


Meridian Energy (NZSE:MEL) Business Description

Traded in Other Exchanges
Address
287-293 Durham Street North, Christchurch Central, Christchurch, STL, NZL, 8013
Meridian is New Zealand's largest electricity generator, operating hydro stations and wind farms in New Zealand. Nearly 90% of its electricity is generated from low-cost hydro power plants, with wind making up the rest. The company's main competitors are vertically integrated firms, such as Mercury NZ, Genesis Energy, Contact Energy, and Trustpower.

Meridian Energy (NZSE:MEL) Headlines

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