TTM Technologies's Earnings Outlook

On Wednesday, February 03, TTM Technologies TTMI will release its latest earnings report. Decipher the announcement with Benzinga's help.

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

TTM Technologies EPS will likely be near $0.25 while revenue will be around $510.13 million, according to analysts. In the same quarter last year, TTM Technologies reported EPS of $0.41 on revenue of $719.25 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.

If the company were to match the consensus estimate when it reports Wednesday, EPS would have fallen 39.02%. Sales would have fallen 29.08% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Shares of TTM Technologies were trading at $13.69 as of February 01. Over the last 52-week period, shares are down 9.48%. 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. TTM Technologies is scheduled to hold the call at 16:30:00 ET and can be accessed here.