On Thursday, April 29, Rogers ROG will release its latest earnings report. Here is Benzinga's outlook for the company.
Net Income, Earnings, And Earnings Per Share
Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.
Earnings And Revenue
Wall Street expects EPS of $1.79 and sales around $220.00 million. Rogers EPS in the same period a year ago totaled $0.92. Sales were $198.81 million.
What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?
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.
If the company were to report earnings in line when it publishes results Thursday, quarterly profit would be up 94.57%. Sales would be up 10.66% from the same quarter last year. Here is how the Rogers's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q4 2021 | Q3 2020 | Q2 2020 | Q1 2020 |
---|---|---|---|---|
EPS Estimate | 1.42 | 1 | 0.90 | 0.83 |
EPS Actual | 1.58 | 1.45 | 1.13 | 0.92 |
Revenue Estimate | 203.53 M | 184.23 M | 197.10 M | 190.33 M |
Revenue Actual | 210.67 M | 201.94 M | 191.16 M | 198.81 M |
Stock Performance
Shares of Rogers were trading at $193.71 as of April 27. Over the last 52-week period, shares are up 72.8%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. Rogers is scheduled to hold the call at 17:00:00 ET and can be accessed here.
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