Shutterstock SSTK announces its next round of earnings this Tuesday, July 27. Here is Benzinga's look at Shutterstock's Q2 earnings report.
What Are Earnings, Net Income, 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
Shutterstock earnings will be near $0.7 per share on sales of $179.45 million, according to analysts. In the same quarter last year, Shutterstock posted EPS of $0.62 on sales of $159.23 million.
What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?
Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.
If the company were to post earnings in line with the consensus estimate when it reports Tuesday, EPS would be up 12.9%. Revenue would be up 12.7% from the same quarter last year. Shutterstock'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 | 0.70 | 0.60 | 0.29 | 0.24 |
EPS Actual | 0.98 | 0.93 | 0.80 | 0.62 |
Revenue Estimate | 175.67 M | 174.00 M | 160.82 M | 149.34 M |
Revenue Actual | 183.28 M | 180.94 M | 165.23 M | 159.23 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 Shutterstock are up 107.99%.
Do not be surprised to see the stock move on comments made during its conference call. Shutterstock is scheduled to hold the call at 08:30:00 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.