Market Overview

Earnings Preview for Diodes

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On Monday, November 09, Diodes (NASDAQ: DIOD) will release its latest earnings report. Benzinga's outlook for Diodes is included in the following report.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Diodes earnings will be near $0.59 per share on sales of $305.61 million, according to analysts. Diodes EPS in the same period a year ago totaled $0.81. Revenue was $323.67 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 post earnings in line with the consensus estimate when it reports Monday, EPS would be down 27.16%. Sales would be down 5.58% from the year-ago period. In comparison to analyst estimates in the past, here is how the company's reported EPS stacks up:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019
EPS Estimate 0.50 0.48 0.63 0.77
EPS Actual 0.54 0.46 0.65 0.81
Revenue Estimate 283.32 M 284.77 M 300.00 M 324.74 M
Revenue Actual 288.67 M 280.72 M 301.16 M 323.67 M

Stock Performance

Shares of Diodes were trading at $63.02 as of November 05. Over the last 52-week period, shares are up 35.51%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Diodes is scheduled to hold the call at 17:00:00 ET and can be accessed here.

 

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Posted-In: Earnings