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Market Overview

Earnings Preview: Cantel Medical


On Tuesday, December 08, Cantel Medical (NYSE:CMD) 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

Cantel Medical EPS is expected to be around $0.37, according to sell-side analysts. Sales will likely be near $279.83 million. Cantel Medical EPS in the same period a year ago totaled $0.65. Revenue was $257.25 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.

If the company were to match the consensus estimate, earnings would be down 43.08%. Sales would be have grown 8.78% from the same quarter last year. Here is how the Cantel Medical's reported EPS has stacked up against analyst estimates in the past:

Quarter Q4 2020 Q3 2020 Q2 2020 Q1 2019
EPS Estimate -0.01 0.37 0.67 0.58
EPS Actual 0.24 0.16 0.61 0.65
Revenue Estimate 223.64 M 242.63 M 290.45 M 253.59 M
Revenue Actual 233.37 M 236.93 M 288.50 M 257.25 M

Stock Performance

Shares of Cantel Medical were trading at $63.17 as of December 04. Over the last 52-week period, shares are down 14.87%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Cantel Medical is scheduled to hold the call at 08:30:00 ET and can be accessed here.


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Posted-In: Earnings