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 Wednesday, February 03, Digital Turbine (NASDAQ:APPS) 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 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 Digital Turbine's EPS to be near $0.17 on sales of $76.08 million. Digital Turbine reported a profit of $0.05 per share when it published results during the same quarter last year. Sales in that period totaled $36.02 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 match the consensus estimate when it reports Wednesday, EPS would be up 240.0%. Sales would be up 111.24% on a year-over-year basis. The company's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q2 2020 | Q1 2020 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.11 | 0.09 | 0.04 | 0.05 |
| EPS Actual | 0.15 | 0.13 | 0.05 | 0.05 |
| Revenue Estimate | 60.48 M | 48.56 M | 38.45 M | 37.70 M |
| Revenue Actual | 70.89 M | 59.01 M | 39.35 M | 36.02 M |
Stock Performance
Over the last 52-week period, shares of Digital Turbine are up 896.89%.
Do not be surprised to see the stock move on comments made during its conference call. Digital Turbine is scheduled to hold the call at 16:30:00 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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