Earnings Preview For Avino Silver & Gold Mines Ltd. Common Shares (Canada)

Avino Silver & Gold Mines Ltd. Common Shares (Canada) ASM will be releasing its next round of earnings this Wednesday, August 11. For all of the relevant information, here is your guide for 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

Sell-side analysts expect Avino Silver & Gold Mines Ltd. Common Shares (Canada)'s EPS to be near $0.02 on sales of $8.73 million. Avino Silver & Gold Mines Ltd. Common Shares (Canada) EPS in the same period a year ago totaled $0.02. Sales were $4.84 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 match the consensus estimate, earnings would be up 200.0%. Sales would be have grown 80.37% 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

Over the last 52-week period, shares are down 17.49%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Avino Silver & Gold Mines Ltd. Common Shares (Canada) is scheduled to hold the call at 11:00:00 ET and can be accessed here.