EPS = Net Income / Shares
If you want to study more, please visit EPS matters in Earning Season: Basic EPS, Diluted EPS, Adjusted EPS
The higher the EPS, the better. And EPS indicators are really important when announcing corporate earnings. Many stock experts try to predict the EPS of companies. If it is higher than the predicted value, it is called an "earning surprise" and if it is lower than the predicted value, it is called an "earning shock." If the EPS is higher than expected, the stock price sometimes skyrocket, which is a really important indicator.