Market Overview

Earnings Outlook for Chicken Soup for the Soul

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On Thursday, November 12, Chicken Soup for the Soul (NASDAQ: CSSE) will release its latest earnings report. Here is Benzinga's outlook for the company.

What Are Earnings, Net Income, 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

Sell-side analysts are expecting Chicken Soup for the Soul's loss per share to be near $0.69 on sales of $17.73 million. In the same quarter last year, Chicken Soup for the Soul reported a loss per share of $1.11 on revenue of $17.05 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.

The analyst consensus estimate would represent a 37.84% increase in the company's earnings. Revenue would be up 4.01% from the year-ago period. Chicken Soup for the Soul's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019
EPS Estimate -0.69 -0.58 -0.44 -0.05
EPS Actual -0.83 -0.95 -1.03 -1.11
Revenue Estimate 12.72 M 15.49 M 23.46 M 21.25 M
Revenue Actual 13.52 M 14.12 M 24.82 M 17.05 M

Stock Performance

Shares of Chicken Soup for the Soul were trading at $14.5 as of November 10. Over the last 52-week period, shares are up 47.73%. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release.

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

 

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Posted-In: Earnings