Verso (NYSE:VRS) will be releasing its next round of earnings this Friday, August 06. For all of the relevant information, here is your guide for Friday's Q2 earnings announcement.
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
Sell-side analysts are expecting Verso's loss per share to be near $-0.02 on sales of $287.22 million. In the same quarter last year, Verso announced EPS of $0.99 on revenue of $268.00 million.
Why Analyst Estimates And Earnings Surprises Are Important
If the company were to match the consensus estimate when it reports Friday, EPS would be up 97.98%. Revenue would be up 7.17% on a year-over-year basis. Here is how the Verso's reported 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
Over the last 52-week period, shares of Verso are up 47.61%.
Do not be surprised to see the stock move on comments made during its conference call. Verso is scheduled to hold the call at 09:00:00 ET and can be accessed here.
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