Market Overview

Earnings Outlook for Cloudera


Cloudera (NYSE:CLDR) announces its next round of earnings this Thursday, December 03. Here is Benzinga's look at Cloudera'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

Based on Cloudera management projections, analysts predict EPS of $0.09 on revenue of $209.16 million. In the same quarter last year, Cloudera reported EPS of $0.03 on revenue of $198.29 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 report earnings in line when it publishes results Thursday, quarterly profit would be up 400.0%. Revenue would be up 5.48% from the year-ago period. Cloudera'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 0.06 0 -0.03 -0.06
EPS Actual 0.10 0.05 0.04 -0.03
Revenue Estimate 208.14 M 204.81 M 201.79 M 189.05 M
Revenue Actual 214.34 M 210.46 M 211.72 M 198.29 M

Stock Performance

Shares of Cloudera were trading at $11.33 as of December 01. Over the last 52-week period, shares are up 11.09%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

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


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Posted-In: Earnings