Earnings Preview: Airgain

Airgain AIRG releases its next round of earnings this Tuesday, August 10. Here is Benzinga's essential guide to Airgain'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

Airgain earnings will be near $0.04 per share on sales of $18.31 million, according to analysts. In the same quarter last year, Airgain reported earnings per share of $0.02 on revenue of $11.45 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 100.0% increase in the company's earnings. Revenue would be have grown 59.97% from the same quarter last year. Here is how the company'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 Airgain were trading at $17.68 as of August 06. Over the last 52-week period, shares are up 30.43%. 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. Airgain is scheduled to hold the call at 17:00:00 ET and can be accessed here.