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Market Overview

Earnings Outlook for Synovus Financial

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Synovus Financial (NYSE:SNV) releases its next round of earnings this Tuesday, January 26. Get the latest predictions in Benzinga's essential guide to the company's Q4 earnings report.

What Are Earnings, Net Income, 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

Wall Street analysts see Synovus Financial reporting earnings of $0.8 per share on revenue of $482.73 million. In the same quarter last year, Synovus Financial posted EPS of $0.94 on sales of $497.22 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 match the consensus estimate when it reports Tuesday, earnings would be down 14.89%. Revenue would be down 2.91% on a year-over-year basis. Here is how the company's reported EPS has compared to analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020
EPS Estimate 0.52 0.02 0.57 0.97
EPS Actual 0.89 0.23 0.21 0.94
Revenue Estimate 469.67 M 446.76 M 458.24 M 484.86 M
Revenue Actual 491.40 M 550.05 M 477.12 M 497.22 M

Stock Performance

Shares of Synovus Financial were trading at $37.26 as of January 22. Over the last 52-week period, shares are up 1.55%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.

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

 

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Posted-In: BZI-EPEarnings