Earnings Preview for CalAmp

On Thursday, April 22, CalAmp CAMP will release its latest earnings report. Here is Benzinga's outlook for the company.

What Are Earnings, Net Income, 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

Analysts expect CalAmp earnings of $0.05 per share. Revenue will likely be around $83.68 million, according to the consensus estimate. In the same quarter last year, CalAmp reported earnings per share of $0.03 on revenue of $87.20 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

The Wall Street consensus estimate for earnings would represent a 66.67% increase for the company. Revenue would be down 4.04% from the year-ago period. Here is how the CalAmp's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Over the last 52-week period, shares are up 86.76%. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. CalAmp is scheduled to hold the call at 16:30:00 ET and can be accessed here.