Explanation

Trailing EPS refers to the earnings per share for the most recent completed fiscal period. In this case:

• Year 1 is the actual completed period with EPS of -$0.9
• Year 2 is only projected/forecasted, not actual

Therefore, the trailing EPS is -$0.9, which represents the actual earnings from the most recent completed year (Year 1).

Key Points:

• Trailing EPS = Most recent actual period
• Forward EPS = Projected future period
• The negative EPS indicates the company had a loss in Year 1