Earnings Preview For WD-40

WD-40 WDFC will be releasing its next round of earnings this Wednesday, July 07. For all of the relevant information, here is your guide for Wednesday's Q3 earnings announcement.

Net Income, Earnings, 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

Wall Street analysts see WD-40 reporting earnings of $1.15 per share on sales of $108.33 million. WD-40 earnings in the same period a year ago was $1.06 per share. Quarterly sales came in at $98.25 million.

Why Analyst Estimates And Earnings Surprises Are Important

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 post earnings in line with the consensus estimate when it reports Wednesday, EPS would be up 8.49%. Revenue would be up 10.26% 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

Over the last 52-week period, shares of WD-40 are up 26.27%.

Do not be surprised to see the stock move on comments made during its conference call. WD-40 is scheduled to hold the call at 17:00:00 ET and can be accessed here.