Earnings Preview for Actuant

Actuant EPAC announces its next round of earnings this Tuesday, June 29. Here is Benzinga's everything-that-matters guide for this Tuesday's Q3 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

Based on management's projections, Actuant analysts model for earnings of $0.18 per share on sales of $137.44 million. In the same quarter last year, Actuant posted a loss of $0.06 per share on sales of $101.88 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 analyst consensus estimate would represent a 400.0% increase in the company's earnings. Revenue would be up 34.91% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Shares of Actuant were trading at $25.41 as of June 25. Over the last 52-week period, shares are up 42.44%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Actuant is scheduled to hold the call at 11:00:00 ET and can be accessed here.