On Wednesday, August 04, Colliers International Gr CIGI will release its latest earnings report. Benzinga's outlook for Colliers International Gr is included in the following report.
What Are Earnings, Net Income, And Earnings Per Share?
Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.
Earnings And Revenue
Colliers International Gr earnings will be near $0.88 per share on sales of $742.81 million, according to analysts. Colliers International Gr reported a profit of $0.7 per share when it published results during the same quarter last year. Sales in that period totaled $550.21 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 Wednesday, EPS would be up 25.71%. Sales would be up 35.01% from the same quarter last year. Colliers International Gr'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 | 0.63 | 1.42 | 0.79 | 0.42 |
EPS Actual | 1.04 | 1.79 | 1.08 | 0.70 |
Revenue Estimate | 685.20 M | 833.56 M | 616.63 M | 439.64 M |
Revenue Actual | 774.91 M | 913.72 M | 692.31 M | 550.21 M |
Want Real-Time Earnings Calendar Updates?
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Stock Performance
Shares of Colliers International Gr were trading at $128.24 as of August 02. Over the last 52-week period, shares are up 134.97%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. Colliers International Gr is scheduled to hold the call at 11:00:00 ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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