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Quotient Earnings Preview

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On Monday, February 01, Quotient (NASDAQ:QTNT) will release its latest earnings report. Decipher the announcement with Benzinga's help.

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

Based on management's projections, Quotient analysts modeled for a loss of $0.29 per share on sales of $8.30 million. Quotient EPS in the same period a year ago totaled $0.37. Revenue was $7.94 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 analyst consensus estimate would represent a 21.62% increase in the company's earnings. Revenue would be have grown 4.52% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2020
EPS Estimate -0.33 -0.33 -0.34 -0.39
EPS Actual -0.18 -0.32 -0.31 -0.37
Revenue Estimate 7.90 M 8.67 M 7.93 M 7.23 M
Revenue Actual 16.07 M 8.92 M 8.70 M 7.94 M

Stock Performance

Shares of Quotient were trading at $6.11 as of January 28. Over the last 52-week period, shares are down 16.14%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

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

 

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Posted-In: BZI-EPEarnings