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On Wednesday, February 03, Kulicke & Soffa Indus (NASDAQ:KLIC) will release its latest earnings report. Decipher the announcement with Benzinga's help.
What Are Earnings, Net Income, And Earnings Per Share?
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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
Wall Street analysts see Kulicke & Soffa Indus reporting earnings of $0.75 per share on sales of $264.94 million. In the same quarter last year, Kulicke & Soffa Indus announced EPS of $0.24 on revenue of $144.30 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.
If the company were to post earnings in line with the consensus estimate when it reports Wednesday, EPS would be up 212.5%. Sales would be up 83.61% from the same quarter last year. Kulicke & Soffa Indus's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q4 2020 | Q3 2020 | Q2 2020 | Q1 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.31 | 0.14 | 0.18 | 0.14 |
| EPS Actual | 0.29 | 0.21 | 0.22 | 0.24 |
| Revenue Estimate | 177.02 M | 147.92 M | 149.85 M | 139.96 M |
| Revenue Actual | 177.69 M | 150.45 M | 150.74 M | 144.30 M |
Stock Performance
For a full 12 months, the return has risen by 37.09%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Do not be surprised to see the stock move on comments made during its conference call. Kulicke & Soffa Indus is scheduled to hold the call at 08:00:00 ET and can be accessed here.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.