What is Ongoing EPS?

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What is Ongoing EPS?
Pete Gibb, US
In need to find a good definition of Ongoing Earnings per Share. Who can help?

Ongoing Earnings per Share | Ongoing EPS
osman , Student (University), United States
Ongoing EPS is calculated based upon normalized or ongoing net income and excludes anything that is an unusual one-time event. The goal is to find the stream of earnings from core operations which can be used to forecast future earnings per share.
This can mean excluding a large one-time gain from the sale of equipment as well as an unusual expense.



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