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Preview: Investcorp Credit's Earnings

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Investcorp Credit (NASDAQ: ICMB) announces its next round of earnings this Monday, November 09. Here is Benzinga's everything-that-matters guide for this Monday's Q1 earnings announcement.

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

Based on management's projections, Investcorp Credit analysts model for earnings of $0.2 per share on sales of $6.92 million. Investcorp Credit EPS in the same period a year ago totaled $0.26. Sales were $8.56 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

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.

The analyst consensus estimate would represent a 23.08% decrease in the company's earnings. Revenue would be down 19.14% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q4 2020 Q3 2020 Q2 2020 Q1 2019
EPS Estimate 0.20 0.26 0.26 0.24
EPS Actual 0.25 0.25 0.27 0.26
Revenue Estimate 7.71 M 8.42 M 8.31 M 8.48 M
Revenue Actual 7.64 M 8.83 M 9.43 M 8.56 M

Stock Performance

Over the last 52-week period, shares are down 53.88%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Investcorp Credit is scheduled to hold the call at 13:00:00 ET and can be accessed here.

 

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Posted-In: Earnings