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EAC INDUSTRIES, INC.
EXHIBIT 11
COMPUTATION OF EARNINGS PER COMMON SHARE
(Unaudited)
For The Three Months For The Nine Months
Ended October 31, Ended October 31,
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1998 1997 1998 1997
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NET (LOSS):
Continuing operations $ (151,414) $ (164,665) $ (218,239) $ (322,030)
Discontinued operations 80,993 39,606 110,321 148,930
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NET (LOSS) $ (70,421) $ (125,059) $ (107,918) $ (173,100)
=========== =========== =========== ===========
(LOSS) PER SHARE:
Continuing operations $ (.05) $ (.07) $ (.08) $ (.14)
Discontinued operations .03 .02 .04 .07
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$ (.02) $ (.05) $ (.04) $ (.07)
=========== =========== =========== ===========
SHARES:
Weighted average shares outstanding 2,885,521 2,311,687 2,858,655 2,311,687
Other - options, warrants etc -- -- -- --
----------- ----------- ----------- -----------
2,885,521 2,311,687 2,858,655 2,311,687
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- Exhibit 11 -
Page 12.