EPS of Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp
Earnings per share is the monetary value of earnings per outstanding share of common stock for a company. Preferred stock rights have precedence over common stock. Therefore, dividends on preferred shares are subtracted before calculating the EPS. When preferred shares are cumulative, annual dividends are deducted whether or not they have been declared. Dividends in arrears are not relevant when calculating EPS. The EPS is usually calculated as profit without preferred dividends divided by weighted average of common stock shares over the past twelve months.
Companhia de Saneamento B??sico do Estado de S??o Paulo-SABESP provides basic and environmental sanitation services, and supplies treated water and sewage services on a wholesale basis to residential, commercial, industrial, and governmental customers in the state of S??o Paulo. It provides water supply, sanitary sewage, urban rainwater management and drainage, urban cleaning, and solid waste management services, as well as related activities, including the planning, operation, maintenance, and commercialization of energy. As of December 31, 2016, the company provided water services through 8.7 million water connections to approximately 24.7 million people; and sewage services through 7.1 million sewage connections to approximately 21.2 million people, as well as operated 73,015 kilometers of water pipes and water transmission lines, and 50,097 kilometers of sewer lines. It also offers water and/or sewage services to other municipalities through special purpose companies. The company was founded in 1954 and is headquartered in S??o Paulo, Brazil.
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