On Thursday, July 22, CapStar Financial Hldgs CSTR will release its latest earnings report. Decipher the announcement with Benzinga's help.
What Are Earnings, Net Income, 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
Based on management's projections, CapStar Financial Hldgs analysts model for earnings of $0.55 per share on sales of $33.91 million. CapStar Financial Hldgs EPS in the same period a year ago totaled $0.36. Revenue was $28.50 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 52.78% increase in the company's earnings. Revenue would be up 18.99% on a year-over-year basis. In comparison to analyst estimates in the past, here is how the company's reported EPS stacks up:
Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
---|---|---|---|---|
EPS Estimate | 0.43 | 0.37 | 0.28 | 0.21 |
EPS Actual | 0.50 | 0.51 | 0.43 | 0.36 |
Revenue Estimate | 32.15 M | 31.95 M | 31.43 M | 23.27 M |
Revenue Actual | 32.20 M | 34.08 M | 34.46 M | 28.50 M |
Want Real-Time Earnings Calendar Updates?
Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.
Stock Performance
Over the last 52-week period, shares are up 91.74%. Given that these returns are generally positive, long-term shareholders can relax 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. CapStar Financial Hldgs is scheduled to hold the call at 09:00:00 ET and can be accessed here.
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