Johnson Controls Intl JCI unveils its next round of earnings this Friday, January 29. Here is Benzinga's everything-that-matters guide for the earnings announcement.
What Are Earnings, Net Income, And Earnings Per Share?
Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.
Earnings And Revenue
Johnson Controls Intl EPS is expected to be around $0.4, according to sell-side analysts. Sales will likely be near $5.27 billion. Johnson Controls Intl reported a profit of $0.4 per share when it published results during the same quarter last year. Sales in that period totaled $5.58 billion.
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 analyst consensus estimate would represent a 0% decrease in the company's earnings. Revenue would be down 5.49% from the year-ago period. Here is how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q4 2020 | Q3 2020 | Q2 2020 | Q1 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.73 | 0.48 | 0.36 | 0.38 |
| EPS Actual | 0.76 | 0.67 | 0.42 | 0.40 |
| Revenue Estimate | 5.67 B | 5.13 B | 5.50 B | 5.57 B |
| Revenue Actual | 5.95 B | 5.34 B | 5.44 B | 5.58 B |
Stock Performance
Shares of Johnson Controls Intl were trading at $48.37 as of January 27. Over the last 52-week period, shares are up 24.71%. 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. Johnson Controls Intl is scheduled to hold the call at 07:30:00 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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