Domo's Earnings: A Preview

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Domo DOMO announces its next round of earnings this Thursday, August 26. Here is Benzinga's everything-that-matters guide for this Thursday'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

Wall Street expects an EPS loss of $-0.36 and sales around $60.85 million. In the same quarter last year, Domo posted a loss of $0.37 per share on sales of $51.13 million.

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 2.7% increase in the company's EPS figure. Sales would be up 19.01% from the same quarter last year. The company's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.43 -0.43 -0.44 -0.50
EPS Actual -0.26 -0.32 -0.40 -0.37
Revenue Estimate 57.49 M 54.04 M 51.76 M 49.03 M
Revenue Actual 60.06 M 56.84 M 53.65 M 51.13 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 of Domo are up 150.85%.

Do not be surprised to see the stock move on comments made during its conference call. Domo is scheduled to hold the call at 17:00:00 ET and can be accessed here.

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