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Synaptics Earnings Preview

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Synaptics (NASDAQ:SYNA) unveils its next round of earnings this Thursday, February 04. Get prepared with Benzinga's ultimate preview for Synaptics'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

Analysts expect Synaptics earnings of $2.13 per share. Revenue will likely be around $357.37 million, according to the consensus estimate. Synaptics EPS in the same period a year ago totaled $2.04. Revenue was $388.30 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 Thursday, EPS would be up 4.41%. Sales would be down 7.97% from the same quarter last year. Here is how the Synaptics's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2020 Q2 2020
EPS Estimate 1.67 1.06 1.41 1.45
EPS Actual 1.85 1.24 1.49 2.04
Revenue Estimate 324.81 M 276.02 M 332.44 M 354.92 M
Revenue Actual 328.40 M 277.60 M 328.10 M 388.30 M

Stock Performance

For a full 12 months, the return has risen by 50.98%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

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

 

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Posted-In: BZI-EPEarnings