Brooks Automation BRKS unveils its next round of earnings this Tuesday, February 02. 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
Based on management's projections, Brooks Automation analysts model for earnings of $0.42 per share on sales of $243.62 million. In the same quarter last year, Brooks Automation reported earnings per share of $0.23 on sales of $210.50 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 82.61% increase for the company. Revenue would be up 15.73% from the year-ago period. 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 | 0.36 | 0.20 | 0.24 | 0.23 |
EPS Actual | 0.47 | 0.32 | 0.25 | 0.23 |
Revenue Estimate | 234.88 M | 205.96 M | 217.57 M | 207.24 M |
Revenue Actual | 246.20 M | 220.35 M | 220.23 M | 210.50 M |
Stock Performance
Shares of Brooks Automation were trading at $75.76 as of January 29. Over the last 52-week period, shares are up 99.51%. 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. Brooks Automation is scheduled to hold the call at 16:30:00 ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.