Market Overview

Concrete Pumping Holdings's Earnings Outlook

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On Tuesday, January 12, Concrete Pumping Holdings (NASDAQ:BBCP) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

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 covering Concrete Pumping Holdings modeled for quarterly EPS of $0.04 on revenue of $79.93 million. In the same quarter last year, Concrete Pumping Holdings posted EPS of $0.09 on sales of $67.37 million.

Why Analyst Estimates And Earnings Surprises Are Important

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 analyst consensus estimate would represent a 55.56% decrease in the company's earnings. Revenue would be up 18.65% on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020
EPS Estimate 0.04 -0.07 -0.03 0.04
EPS Actual 0.04 -0.08 -0.06 0
Revenue Estimate 79.74 M 72.77 M 73.52 M 84.39 M
Revenue Actual 77.13 M 74.04 M 73.94 M 83.95 M

Stock Performance

Shares of Concrete Pumping Holdings were trading at $4.4 as of January 08. Over the last 52-week period, shares are down 22.14%. 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. Concrete Pumping Holdings is scheduled to hold the call at 17:00:00 ET and can be accessed here.

 

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Posted-In: BZI-EPEarnings