On Monday, August 02, Rambus RMBS will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
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
Analysts expect Rambus earnings of $0.31 per share. Revenue will likely be around $106.90 million, according to the consensus estimate. In the same quarter last year, Rambus reported a loss per share of $0.08 on revenue of $59.90 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 report earnings in line when it publishes results Monday, quarterly profit would be up 487.5%. Revenue would be up 78.46% from the year-ago period. The company's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.28 | 0.25 | 0.27 | 0.25 |
| EPS Actual | 0.33 | 0.28 | -0.11 | -0.08 |
| Revenue Estimate | 103.00 M | 96.87 M | 103.00 M | 100.87 M |
| Revenue Actual | 70.38 M | 61.91 M | 56.91 M | 59.90 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
For a full 12 months, the return has risen by 51.83%. 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. Rambus is scheduled to hold the call at 17:00:00 ET and can be accessed here.
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