Earnings Preview: Atkore International Gr

Atkore International Gr ATKR unveils its next round of earnings this Tuesday, February 02. Here is Benzinga's everything-that-matters guide for the earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Atkore International Gr EPS is expected to be around $1.2, according to sell-side analysts. Sales will likely be near $456.79 million. Atkore International Gr reported a per-share profit of $0.94 when it published results during the same quarter last year. Sales in that period totaled $447.45 million.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

The Wall Street estimate would represent a 27.66% increase in the company's earnings. Sales would be up 2.09% from the year-ago period. In comparison to analyst estimates in the past, here is how the company's reported EPS stacks up:

Stock Performance

Shares of Atkore International Gr were trading at $44.47 as of January 29. Over the last 52-week period, shares are up 8.41%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Atkore International Gr is scheduled to hold the call at 08:00:00 ET and can be accessed here.