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Earnings Preview: LiveXLive Media

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LiveXLive Media (NASDAQ: LIVX) releases its next round of earnings this Monday, November 16. Here is Benzinga's essential guide to LiveXLive Media's Q2 earnings report.

What Are Earnings, Net Income, 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, LiveXLive Media analysts modeled for a loss of $0.12 per share on sales of $16.68 million. In the same quarter last year, LiveXLive Media posted EPS of $0.19 on sales of $9.58 million.

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

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, earnings would be up 36.84%. Sales would be up 74.06% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2020 Q2 2019
EPS Estimate -0.11 -0.15 -0.16 -0.19
EPS Actual -0.13 -0.15 -0.15 -0.19
Revenue Estimate 11.32 M 10.09 M 9.83 M 10.51 M
Revenue Actual 10.51 M 9.88 M 9.70 M 9.58 M

Stock Performance

Shares of LiveXLive Media were trading at $1.92 as of November 12. Over the last 52-week period, shares are up 59.2%. 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. LiveXLive Media is scheduled to hold the call at 16:30:00 ET and can be accessed here.

 

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Posted-In: Earnings