On Wednesday, November 04, Allied Motion AMOT will release its latest earnings report. Decipher the announcement with Benzinga's help.
Net Income, Earnings, 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 predict Allied Motion will report earnings of $0.28 per share on revenue of $89.96 million. In the same quarter last year, Allied Motion reported earnings per share of $0.47 on revenue of $96.63 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 report earnings in line when it publishes results Wednesday, quarterly profit would be down 40.43%. Sales would be down 6.91% on a year-over-year basis. Here is how the Allied Motion's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2020 | Q1 2020 | Q4 2020 | Q3 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.05 | 0.26 | 0.29 | 0.40 |
| EPS Actual | 0.32 | 0.44 | 0.37 | 0.47 |
| Revenue Estimate | 80.74 M | 87.91 M | 87.32 M | 92.14 M |
| Revenue Actual | 86.66 M | 92.38 M | 87.92 M | 96.63 M |
Stock Performance
Over the past 52-week period, shares of Allied Motion have declined 10.64%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. Allied Motion is scheduled to hold the call at 10:00:00 ET and can be accessed here.
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