Market Overview

Earnings Preview for IsoRay

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On Tuesday, November 10, IsoRay (AMEX: ISR) will release its latest earnings report. Here is Benzinga's outlook for the company.

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

Analysts are expecting IsoRay to report a loss of $0.01 per share. Revenue will likely be around $2.85 million, according to the consensus estimate. IsoRay reported a loss of $0.01 when it published results during the same quarter last year. Sales in that period totaled $2.31 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.

If the company were to match the consensus estimate, earnings would be down 0%. Revenue would be up 23.11% on a year-over-year basis. In comparison to analyst estimates in the past, here is how the company's reported EPS stacks up:

Quarter Q4 2020 Q3 2020 Q2 2020 Q1 2019
EPS Estimate -0.01 -0.01 -0.01 -0.02
EPS Actual -0.02 -0.01 -0.01 -0.01
Revenue Estimate 2.70 M 2.55 M 2.31 M 1.95 M
Revenue Actual 2.28 M 2.88 M 2.21 M 2.31 M

Stock Performance

Over the last 52-week period, shares are up 14.27%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

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

 

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Posted-In: Earnings