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QuinStreet Earnings Preview

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QuinStreet (NASDAQ:QNST) releases its next round of earnings this Wednesday, February 03. Here is Benzinga's essential guide to QuinStreet's Q2 earnings report.

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, QuinStreet analysts model for earnings of $0.08 per share on sales of $120.16 million. QuinStreet earnings in the same period a year ago was $0.12 per share. Quarterly sales came in at $118.10 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 33.33% decline in the company's EPS figure. Revenue would be up 1.74% from the year-ago period. QuinStreet's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2020 Q4 2020 Q3 2020 Q2 2020
EPS Estimate 0.09 0.04 0.20 0.12
EPS Actual 0.16 0.14 0.13 0.12
Revenue Estimate 126.94 M 106.29 M 132.08 M 114.04 M
Revenue Actual 139.27 M 116.96 M 128.66 M 118.10 M

Stock Performance

Over the last 52-week period, shares of QuinStreet are up 74.34%.

Do not be surprised to see the stock move on comments made during its conference call. QuinStreet is scheduled to hold the call at 17:00:00 ET and can be accessed here.

 

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Posted-In: BZI-EPEarnings