WisdomTree Investments WETF announces its next round of earnings this Friday, April 30. Here is Benzinga's everything-that-matters guide for this Friday's Q1 earnings announcement.
What Are Earnings, Net Income, 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 analysts see WisdomTree Investments reporting earnings of $0.07 per share on revenue of $71.41 million. WisdomTree Investments reported a profit of $0.07 per share when it published results during the same quarter last year. Sales in that period totaled $63.87 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 match the consensus estimate when it reports Friday, EPS would have fallen 0%. Sales would be have grown 11.8% from the same quarter last year. Here is how the company's reported EPS has compared to analyst estimates in the past:
| Quarter | Q4 2021 | Q3 2020 | Q2 2020 | Q1 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.05 | 0.05 | 0.04 | 0.05 |
| EPS Actual | 0.06 | 0.07 | 0.05 | 0.07 |
| Revenue Estimate | 65.70 M | 63.36 M | 58.96 M | 64.77 M |
| Revenue Actual | 67.06 M | 64.64 M | 58.13 M | 63.87 M |
Stock Performance
Shares of WisdomTree Investments were trading at $6.72 as of April 28. Over the last 52-week period, shares are up 122.95%. 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. WisdomTree Investments is scheduled to hold the call at 09:00:00 ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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