On Thursday, August 26, Hello Gr MOMO will report its last quarter's earnings. Here is Benzinga's preview of the company's 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 predict Hello Gr will report earnings of $0.32 per share on revenue of $558.01 million. In the same quarter last year, Hello Gr posted EPS of $0.43 on sales of $547.52 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.
If the company were to match the consensus estimate when it reports Thursday, earnings would be down 25.58%. Revenue would be up 1.92% from the year-ago period. Here is how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.36 | 0.42 | 0.38 | 0.43 |
| EPS Actual | 0.44 | 0.58 | 0.44 | 0.43 |
| Revenue Estimate | 530.38 M | 563.03 M | 563.28 M | 560.89 M |
| Revenue Actual | 529.72 M | 581.64 M | 554.77 M | 547.52 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
Shares of Hello Gr were trading at $12.72 as of August 24. Over the last 52-week period, shares are down 38.62%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. Hello Gr 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.
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