Earnings Outlook For AdvanSix

On Friday, July 30, AdvanSix ASIX will release its latest earnings report. Decipher the announcement with Benzinga's help.

Net Income, Earnings, 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

AdvanSix earnings will be near $0.89 per share on sales of $408.55 million, according to analysts. In the same quarter last year, AdvanSix posted EPS of $0.41 on sales of $233.02 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.

The analyst consensus estimate would represent a 117.07% increase in the company's EPS figure. Revenue would be up 75.33% from the same quarter last year. Here is how the company's EPS has stacked up against analyst estimates in the past:

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

Shares of AdvanSix were trading at $31.57 as of July 28. Over the last 52-week period, shares are up 153.98%. 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. AdvanSix is scheduled to hold the call at 09:00:00 ET and can be accessed here.