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ePlus (NASDAQ:PLUS) will be releasing its next round of earnings this Thursday, May 20. For all of the relevant information, here is your guide for Thursday's Q4 earnings announcement.
Net Income, Earnings, And Earnings Per Share
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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
ePlus earnings will be near $1.19 per share on sales of $390.81 million, according to analysts. ePlus earnings in the same period a year ago was $1.24 per share. Quarterly sales came in at $366.48 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 4.03%. Sales would be up 6.64% on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2021 | Q2 2020 | Q1 2020 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.35 | 1.21 | 1.13 | 0.95 |
| EPS Actual | 1.79 | 1.68 | 1.51 | 1.24 |
| Revenue Estimate | 391.37 M | 371.87 M | 355.46 M | 354.60 M |
| Revenue Actual | 427.60 M | 433.08 M | 355.03 M | 366.48 M |
Stock Performance
Shares of ePlus were trading at $98.32 as of May 18. Over the last 52-week period, shares are up 26.37%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. ePlus is scheduled to hold the call at 16:30:00 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.