Earnings Preview: Endeavour Silver

Endeavour Silver EXK unveils its next round of earnings this Tuesday, August 10. Get prepared with Benzinga's ultimate preview for Endeavour Silver's Q2 earnings.

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 Endeavour Silver reporting earnings of $0.04 per share on revenue of $38.33 million. Endeavour Silver reported a loss of $0.02 when it published results during the same quarter last year. Sales in that period totaled $20.20 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

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 post earnings in line with the consensus estimate when it reports Tuesday, EPS would be up 300.0%. Revenue would be up 89.74% from the same quarter last year. Here is how the Endeavour Silver's reported EPS has stacked up against analyst estimates in the past:

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 Endeavour Silver were trading at $4.85 as of August 06. Over the last 52-week period, shares are up 28.75%. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Endeavour Silver is scheduled to hold the call at 13:00:00 ET and can be accessed here.