TravelCenters Of America TA releases its next round of earnings this Monday, August 02. Here is Benzinga's essential guide to TravelCenters Of America'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
TravelCenters Of America EPS will likely be near $0.26 while revenue will be around $1.75 billion, according to analysts. TravelCenters Of America EPS in the same period a year ago totaled $0.59. Revenue was $986.10 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 report earnings in line when it publishes results Monday, earnings would be down 55.93%. Revenue would be up 77.47% on a year-over-year basis. TravelCenters Of America's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
|---|---|---|---|---|---|
| EPS Estimate | 0.26 | -0.72 | -0.26 | 0.25 | 0.68 |
| EPS Actual | 2.08 | -0.37 | -0.28 | 0.65 | 0.59 |
| Revenue Estimate | 1.75 B | 1.41 B | 1.21 B | 1.31 B | 913.02 M |
| Revenue Actual | 1.83 B | 1.53 B | 1.29 B | 1.27 B | 986.10 M |
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 TravelCenters Of America were trading at $38.53 as of August 06. Over the last 52-week period, shares are up 122.44%. 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. TravelCenters Of America 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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