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Market Overview

Cardiovascular Systems Earnings Preview


Cardiovascular Systems (NASDAQ:CSII) unveils its next round of earnings this Wednesday, February 03. Get prepared with Benzinga's ultimate preview for Cardiovascular Systems's Q2 earnings.

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

Wall Street analysts see Cardiovascular Systems reporting a loss of $0.06 per share on revenue of $65.51 million. In the same quarter last year, Cardiovascular Systems posted a loss of $0.1 per share on sales of $68.33 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

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.

If the company were to match the consensus estimate, earnings would be up 40.0%. Sales would be down 4.13% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2020 Q2 2020
EPS Estimate -0.22 -0.46 -0.08 -0.01
EPS Actual -0.05 -0.43 -0.08 -0.10
Revenue Estimate 56.29 M 38.31 M 65.80 M 68.02 M
Revenue Actual 60.54 M 42.55 M 61.17 M 68.33 M

Stock Performance

Over the past 52-week period, shares of Cardiovascular Systems have declined 0.25%.

Do not be surprised to see the stock move on comments made during its conference call. Cardiovascular Systems is scheduled to hold the call at 16:30:00 ET and can be accessed here.


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Posted-In: BZI-EPEarnings