On Wednesday, February 03, Banco Santander Mexico BSMX 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 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, Banco Santander Mexico analysts model for earnings of $0.14 per share on sales of $1.05 billion. In the same quarter last year, Banco Santander Mexico reported EPS of $0.04 on revenue of $1.12 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.
If the company were to report earnings in line when it publishes results Wednesday, earnings would be up 250.0%. Revenue would be down 5.91% from the same quarter last year. 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|
|Revenue Estimate||1.01 B||1.01 B||1.13 B||1.13 B|
|Revenue Actual||941.29 M||880.69 M||1.08 B||1.12 B|
Over the past 52-week period, shares of Banco Santander Mexico have declined 31.23%.
Do not be surprised to see the stock move on comments made during its conference call. Banco Santander Mexico is scheduled to hold the call at 11:00:00 ET and can be accessed here.
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