Market Overview

iMedia Brands's Earnings: A Preview

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On Tuesday, August 18, iMedia Brands (NASDAQ: IMBI) will release its latest earnings report. Check out Benzinga's preview to understand the implications.

Earnings and Revenue

Sell-side analysts are expecting iMedia Brands's loss per share to be near $0.7 on sales of $111.99 million. iMedia Brands's loss in the same period a year ago was $0.07 per share. Quarterly sales came in at $131.50 million. The analyst consensus estimate would represent a 900.0% decline in the company's EPS figure. Sales would be down 14.84% from the same quarter last year. iMedia Brands's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate -1.33 -0.63 -0.06 -0.19
EPS Actual -0.77 -2.30 -0.09 -0.07
Revenue Estimate 87.70 M 137.40 M 118.33 M 129.61 M
Revenue Actual 95.83 M 123.64 M 115.16 M 131.50 M

Stock Performance

Over the last 52-week period, shares of iMedia Brands are up 16.23%.

Given these returns, long-term shareholders are probably less than satisfied going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. iMedia Brands is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.imediabrands.com%2Fevents-and-presentations%2Fdefault.aspx&eventid=2395586&sessionid=1&key=3F6061572BC097AC5A2F1796AB573B10&regTag=&sourcepage=register

 

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