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Market Overview

Earnings Outlook for WD-40

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WD-40 (NASDAQ:WDFC) announces its next round of earnings this Thursday, January 07. Here is Benzinga's everything-that-matters guide for this Thursday's Q1 earnings announcement.

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

Sell-side analysts expect WD-40's EPS to be near $1.03 on sales of $106.85 million. WD-40 reported a per-share profit of $0.88 when it published results during the same quarter last year. Sales in that period totaled $98.56 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.

The Wall Street estimate would represent a 17.05% increase in the company's earnings. Revenue would be up 8.42% from the same quarter last year. Here is how the company's reported EPS has compared to analyst estimates in the past:

Quarter Q4 2020 Q3 2020 Q2 2020 Q1 2020
EPS Estimate 1.13 1.07 1.21 0.98
EPS Actual 1.42 1.06 1.04 0.88
Revenue Estimate 98.80 M 108.10 M 103.10 M 103.97 M
Revenue Actual 111.65 M 98.25 M 100.05 M 98.56 M

Stock Performance

Shares of WD-40 were trading at $260.5 as of January 05. Over the last 52-week period, shares are up 36.87%. 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. WD-40 is scheduled to hold the call at 17:00:00 ET and can be accessed here.

 

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Posted-In: BZI-EPEarnings