Earnings Outlook For Cutera

Cutera CUTR announces its next round of earnings this Wednesday, August 04. Here is Benzinga's everything-that-matters guide for this Wednesday's Q2 earnings announcement.

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 Cutera reporting earnings of $0.06 per share on revenue of $50.16 million. In the same quarter last year, Cutera posted EPS of $0.23 on sales of $26.37 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 Wall Street estimate would represent a 126.09% increase in the company's earnings. Revenue would be have grown 90.22% from the same quarter last year. Cutera'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 -0.10 0.04 -0.34 -0.63
EPS Actual 0.15 0.31 0.08 -0.23
Revenue Estimate 38.97 M 44.52 M 34.21 M 20.69 M
Revenue Actual 49.67 M 49.94 M 39.13 M 26.37 M

eps graph

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 Cutera were trading at $53.61 as of August 02. Over the last 52-week period, shares are up 257.95%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Cutera is scheduled to hold the call at 16:30:00 ET and can be accessed here.

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