Concrete Pumping Holdings Earnings Preview

Concrete Pumping Holdings BBCP unveils its next round of earnings this Monday, June 14. Get prepared with Benzinga's ultimate preview for Concrete Pumping Holdings's Q2 earnings.

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 Concrete Pumping Holdings reporting earnings of $0.02 per share on revenue of $70.74 million. Concrete Pumping Holdings EPS in the same period a year ago totaled $0.08. Sales were $74.04 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.

If the company were to match the consensus estimate when it reports Monday, EPS would be up 125.0%. Revenue would be down 4.46% on a year-over-year basis. In comparison to analyst estimates in the past, here is how the company's reported EPS stacks up:

Stock Performance

For a full 12 months, the return has risen by 123.2%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Do not be surprised to see the stock move on comments made during its conference call. Concrete Pumping Holdings is scheduled to hold the call at 17:00:00 ET and can be accessed here.