What factor is NOT typically considered when evaluating an acquisition's impact on EPS?

When evaluating an acquisition's impact on Earnings Per Share (EPS), share count changes, net income from both companies, and synergies are all critical factors to consider.

Share count changes refer to the increase or decrease in the number of shares outstanding as a result of the acquisition, which directly affects EPS calculations since EPS is net income divided by the number of shares.

Net income from both companies is important because it provides a baseline of earnings that will be combined to determine the overall earnings post-acquisition.

Synergies, which are the anticipated cost savings and revenue enhancements resulting from the merger, can significantly influence the net income figure, thereby impacting EPS.

Market reception, while relevant to the overall success and perception of the acquisition, does not directly factor into the calculation of EPS. It pertains more to investor sentiment and future stock price movements rather than the accounting or numerical metrics that assess EPS impact. Thus, it is correct to identify market reception as not typically considered when directly evaluating an acquisition's immediate impact on EPS.