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Market Overview

Earnings Preview for SharpSpring

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SharpSpring (NASDAQ: SHSP) releases its next round of earnings this Tuesday, November 10. Get the latest predictions in Benzinga's essential guide to the company's Q3 earnings report.

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

SharpSpring EPS will likely be near $0.03 while revenue will be around $7.53 million, according to analysts. In the same quarter last year, SharpSpring announced EPS of $0.2 on revenue of $5.72 million.

Why Analyst Estimates And Earnings Surprises Are Important

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.

If the company were to match the consensus estimate when it reports Tuesday, EPS would be up 85.0%. Sales would be up 31.55% from the year-ago period. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019
EPS Estimate -0.11 -0.14 -0.18 -0.2
EPS Actual -0.03 -0.07 -0.19 -0.2
Revenue Estimate 7.26 M 6.85 M 5.95 M 5.75 M
Revenue Actual 7.27 M 7.05 M 6.13 M 5.72 M

Stock Performance

Shares of SharpSpring were trading at $13.56 as of November 06. Over the last 52-week period, shares are up 39.47%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

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

 

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Posted-In: Earnings