The average annual rate of growth in earnings over an indicated period of years for the stocks now in a fund
The percentage change in a company's quarterly earnings per share versus the same period from the previous year For example, a company that earned $1 00 a share in the second quarter of 1998, then earned $1 25 in the second quarter of 1999 would have experienced a 25% growth in earnings To gauge how successful a company is at growing its earnings, you should compare its earnings growth to other companies in its industry BACK TO TOP