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Fortune Rise Acquisition (Fortune Rise Acquisition) EPS (Diluted) : $-0.75 (TTM As of Mar. 2024)


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What is Fortune Rise Acquisition EPS (Diluted)?

Fortune Rise Acquisition's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.08. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.75.

Fortune Rise Acquisition's EPS (Basic) for the three months ended in Mar. 2024 was $-0.08. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.75.

Fortune Rise Acquisition's EPS without NRI for the three months ended in Mar. 2024 was $-0.08. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.87.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using EPS without NRI data.


Fortune Rise Acquisition EPS (Diluted) Historical Data

The historical data trend for Fortune Rise Acquisition's EPS (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.

Fortune Rise Acquisition EPS (Diluted) Chart

Fortune Rise Acquisition Annual Data
Trend Dec21 Dec22 Dec23
EPS (Diluted)
- -0.15 -0.47

Fortune Rise Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EPS (Diluted) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 -0.07 0.10 -0.70 -0.08

Competitive Comparison of Fortune Rise Acquisition's EPS (Diluted)

For the Shell Companies subindustry, Fortune Rise Acquisition'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.


Fortune Rise Acquisition's PE Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Fortune Rise Acquisition's PE Ratio distribution charts can be found below:

* The bar in red indicates where Fortune Rise Acquisition's PE Ratio falls into.



Fortune Rise Acquisition EPS (Diluted) Calculation

EPS (Diluted) is a rough measurement of the amount of a company's profit that can be allocated to one share of its stock. Diluted EPS takes into account all of the outstanding dilutive securities that could potentially be exercised (such as stock options and convertible preferred stock) and shows how such an action would impact earnings per share.

Fortune Rise Acquisition's Diluted EPS for the fiscal year that ended in Dec. 2023 is calculated as

Diluted EPS (A: Dec. 2023 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(-0.352-0)/8.586
=-0.04

Fortune Rise Acquisition's Diluted EPS for the quarter that ended in Mar. 2024 is calculated as

Diluted EPS (Q: Mar. 2024 )=(Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(-0.487-0)/6.272
=-0.08

EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.75

* 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.


Fortune Rise Acquisition  (NAS:FRLA) EPS (Diluted) Explanation

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.


Fortune Rise Acquisition EPS (Diluted) Related Terms

Thank you for viewing the detailed overview of Fortune Rise Acquisition's EPS (Diluted) provided by GuruFocus.com. Please click on the following links to see related term pages.


Fortune Rise Acquisition (Fortune Rise Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
13575 58th Street North, Suite 200, Clearwater, FL, USA, 33760
Website
Fortune Rise Acquisition Corp is a blank check company.
Executives
Ronald Jay Pollack director 1862 MCCAULEY RD, CLEARWATER FL 33765
Ryan Spick director 18034 N 134TH AVE, SUN CITY WEST AZ 85375
Philip Goodman director 6 OAKWOOD DRIVE, SEWALL'S POINT FL 34996
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
J Richard Iler officer: PEO and CFO 815 WALKER STREET, STE. 1155, HOUSTON TX 77002
Payam Eshraghian director 20601 TROON LANE, HUNTINGTON BEACH CA 92646
Michael Davidov director 60 EAST 42 STREET, NEW YORK NY 10165
David Xianglin Li director 3 STONER AVE, GREAT NECK NY 11021
Lei Huang director, officer: Chief Executive Officer 3 STONER AVE, GREAT NECK NY 10021
Norman C Kristoff director C/O JAMES M. RAE, ESQ., 330 MADISON AVEUNE, 29TH FLOOR, NEW YORK NY 10017
Yuanmei Ma officer: Chief Financial Officer ROOM 605A TOWER A, RAYCOM INFO TECH PARK, NO. 2 KEXUEYUAN S. RD., ZHONGGUANCUN, HAIDIAN DISTRICT, BEIJING F4 100080
Lei Xu director, officer: President and Chairwoman 1818 LINDA VISTA CIR., FULLERTON CA 92831
Fortune Rise Sponsor Llc 10 percent owner 48 BRIDGE STREET, BUILDING A, METUCHEN NJ 08840
Koon Keung Chan 10 percent owner 48 BRIDGE STREET, BUILDING A, METUCHEN NJ 08840

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