Huntsman HUN releases its next round of earnings this Friday, July 30. Here is Benzinga's essential guide to Huntsman's Q2 earnings report.
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 analysts see Huntsman reporting earnings of $0.8 per share on revenue of $1.86 billion. Huntsman EPS in the same period a year ago totaled $0.14. Revenue was $1.25 billion.
Why Analyst Estimates And Earnings Surprises Are Important
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.
The analyst consensus estimate would represent a 671.43% increase in the company's earnings. Sales would be up 49.16% from the year-ago period. Here is how the company's EPS has stacked up against analyst estimates in the past:
Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
---|---|---|---|---|
EPS Estimate | 0.59 | 0.46 | 0.26 | -0.18 |
EPS Actual | 0.66 | 0.51 | 0.32 | -0.14 |
Revenue Estimate | 1.75 B | 1.66 B | 1.47 B | 1.13 B |
Revenue Actual | 1.84 B | 1.67 B | 1.51 B | 1.25 B |
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 Huntsman were trading at $26.06 as of July 28. Over the last 52-week period, shares are up 41.84%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. Huntsman is scheduled to hold the call at 10:00:00 ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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