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Luminex's Earnings: A Preview

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Luminex (NASDAQ:LMNX) announces its next round of earnings this Monday, February 08. Here is Benzinga's everything-that-matters guide for this Monday's Q4 earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Analysts expect Luminex earnings of $0.13 per share. Revenue will likely be around $104.57 million, according to the consensus estimate. In the same quarter last year, Luminex reported EPS of $0.07 on revenue of $90.50 million.

Why Analyst Estimates And Earnings Surprises Are Important

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 Monday, earnings would be up 85.71%. Revenue would be have grown 15.55% from the same quarter last year. Luminex's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020
EPS Estimate 0.20 0.08 -0.03 -0.01
EPS Actual 0.04 0.27 0.01 0.07
Revenue Estimate 105.02 M 107.33 M 82.30 M 90.60 M
Revenue Actual 106.06 M 109.52 M 90.42 M 90.50 M

Stock Performance

Shares of Luminex were trading at $28.85 as of February 04. Over the last 52-week period, shares are up 23.57%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

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

 

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Posted-In: BZI-EPEarnings