On Thursday, July 29, Establishment Labs Hldgs ESTA will release its latest earnings report. Check out Benzinga's preview to understand the implications.
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
Based on management's projections, Establishment Labs Hldgs analysts modeled for a loss of $0.29 per share on sales of $28.92 million. In the same quarter last year, Establishment Labs Hldgs reported EPS of $0.45 on revenue of $10.47 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 35.56% increase in the company's EPS figure. Sales would be have grown 176.11% from the same quarter last year. Here is how the company's reported EPS has compared to analyst estimates in the past:
Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
---|---|---|---|---|
EPS Estimate | -0.34 | -0.19 | -0.35 | -0.45 |
EPS Actual | -0.29 | -0.23 | -0.18 | -0.45 |
Revenue Estimate | 25.30 M | 25.27 M | 19.05 M | 12.50 M |
Revenue Actual | 30.34 M | 26.96 M | 22.76 M | 10.47 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 Establishment Labs Hldgs were trading at $72.38 as of July 27. Over the last 52-week period, shares are up 315.49%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. Establishment Labs Hldgs 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.
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