Market Overview

Earnings Preview: Actuant

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Actuant (NYSE: EPAC) announces its next round of earnings this Wednesday, September 30. Here is Benzinga's everything-that-matters guide for this Wednesday's Q4 earnings announcement.

Earnings and Revenue

Analysts predict Actuant will report earnings of $0.08 per share on revenue of $122.60 million. Actuant earnings in the same period a year ago was $0.21 per share. Quarterly sales came in at $158.32 million. The Wall Street consensus estimate for earnings per share would represent a 61.9% decrease for the company. Here's how the Actuant's reported EPS has stacked up against analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2019 Q4 2019
EPS Estimate 0.12 0.12 0.09 0.18
EPS Actual -0.06 0.09 0.12 0.21
Revenue Estimate 127.08 M 136.58 M 137.82 M 168.57 M
Revenue Actual 101.88 M 133.39 M 146.67 M 158.32 M

Stock Performance

Over the last 52-week period, shares are down 6.1%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Actuant is scheduled to hold the call at 11:00:00 ET and can be accessed here: https://ir.enerpactoolgroup.com/news-events/ir-calendar

 

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Posted-In: Earnings