20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
On Thursday, January 21, County Bancorp (NASDAQ:ICBK) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Net Income, Earnings, And Earnings Per Share
Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.
Earnings And Revenue
Analysts covering County Bancorp modeled for quarterly EPS of $0.38 on revenue of $12.13 million. In the same quarter last year, County Bancorp announced EPS of $0.47 on revenue of $13.26 million.
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 Thursday, EPS would be down 19.15%. Revenue would be down 8.52% from the same quarter last year. Here is how the County Bancorp's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2020 | Q2 2020 | Q1 2020 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.23 | 0.19 | 0.38 | 0.50 |
| EPS Actual | 0.52 | 0.40 | -0.04 | 0.47 |
| Revenue Estimate | 11.97 M | 11.58 M | 12.66 M | 13.47 M |
| Revenue Actual | 12.33 M | 11.70 M | 11.50 M | 13.26 M |
Stock Performance
Shares of County Bancorp were trading at $21.3 as of January 19. Over the last 52-week period, shares are down 20.96%. 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. County Bancorp is scheduled to hold the call at 09:30:00 ET and can be accessed here.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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