PaySign PAYS announces its next round of earnings this Tuesday, August 10. Here is Benzinga's look at PaySign's Q2 earnings report.
What Are Earnings, Net Income, 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
PaySign EPS loss is expected to be around $-0.01, according to sell-side analysts. Sales will likely be near $6.82 million. PaySign posted a break-even quarter on revenue of $6.44 million in the same quarter last year.
What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?
Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.
If the company were to post earnings in line with the consensus estimate when it reports Tuesday, EPS would be down 0%. Sales would be up 5.85% from the year-ago period. Here is how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
---|---|---|---|---|
EPS Estimate | 0.01 | 0.01 | 0.02 | 0.03 |
EPS Actual | -0.03 | 0.01 | -0.14 | 0 |
Revenue Estimate | 7.24 M | 7.39 M | 7.30 M | 9.60 M |
Revenue Actual | 6.28 M | 7.25 M | -152.54 K | 6.44 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 PaySign were trading at $2.47 as of August 06. Over the last 52-week period, shares are down 74.97%. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. PaySign is scheduled to hold the call at 17:00:00 ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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