Northern Technologies NTIC 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
Analysts expect Northern Technologies earnings of $0.05 per share. Revenue will likely be around $12.00 million, according to the consensus estimate. Northern Technologies reported a per-share profit of $0.13 when it published results during the same quarter last year. Sales in that period totaled $14.63 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 Wall Street consensus estimate for earnings would represent a 61.54% decrease for the company. Revenue would have fallen 17.98% 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 | -0.05 | -0.06 | 0.10 | 0.13 |
EPS Actual | -0.19 | -0.11 | 0.02 | 0.13 |
Revenue Estimate | 10.50 M | 10.30 M | 13.00 M | 15.00 M |
Revenue Actual | 10.03 M | 9.74 M | 13.23 M | 14.63 M |
Stock Performance
Shares of Northern Technologies were trading at $10.86 as of January 04. Over the last 52-week period, shares are down 22.47%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. Northern Technologies is scheduled to hold the call at 09:00:00 ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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