Expeditors International EXPD announces its next round of earnings this Tuesday, August 03. Here is Benzinga's look at Expeditors International's Q2 earnings report.
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 Expeditors International reporting earnings of $1.56 per share on revenue of $3.36 billion. In the same quarter last year, Expeditors International announced EPS of $1.09 on revenue of $2.58 billion.
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.
The analyst consensus estimate would represent a 43.12% increase in the company's earnings. Revenue would be up 30.18% 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 | 1.04 | 1.07 | 0.98 | 0.71 |
EPS Actual | 1.67 | 1.16 | 1.12 | 1.09 |
Revenue Estimate | 2.63 B | 2.49 B | 2.36 B | 1.85 B |
Revenue Actual | 3.36 B | 3.17 B | 2.46 B | 2.58 B |
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 46.43%. 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. Expeditors International is scheduled to hold the call at 08:00:00 ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.