Earnings Outlook For Axogen

On Thursday, October 29, Axogen AXGN will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

What Are Earnings, Net Income, And Earnings Per Share?

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

Analysts are predicting Axogen will report a loss of $0.16 per share on revenue of $24.52 million. Axogen EPS in the same period a year ago totaled $0.07. Revenue was $28.56 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.

The analyst consensus estimate would represent a 128.57% decrease in the company's earnings. Sales would be down 14.16% from the year-ago period. Here is how the company's reported EPS has compared to analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019
EPS Estimate -0.38 -0.15 -0.09 -0.11
EPS Actual -0.15 -0.19 -0.10 -0.07
Revenue Estimate 13.15 M 26.19 M 29.23 M 28.31 M
Revenue Actual 22.12 M 24.26 M 28.16 M 28.56 M

Stock Performance

Shares of Axogen were trading at $12.54 as of October 27. Over the last 52-week period, shares are down 3.9%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Axogen is scheduled to hold the call at 16:30:00 ET and can be accessed here.

Posted In: Earnings