Preview: The Chefs' Warehouse's Earnings

On Wednesday, February 10, The Chefs' Warehouse CHEF will release its latest earnings report. Benzinga's outlook for The Chefs' Warehouse is included in the following report.

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

Sell-side analysts are expecting The Chefs' Warehouse's loss per share to be near $0.34 on sales of $275.28 million. The Chefs' Warehouse EPS in the same period a year ago totaled $0.39. Revenue was $426.51 million.

Why Analyst Estimates And Earnings Surprises Are Important

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 post earnings in line with the consensus estimate when it reports Wednesday, EPS would be down 187.18%. Revenue would be down 35.46% from the year-ago period. Here is how the company's reported EPS has compared to analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020
EPS Estimate -0.31 -0.49 -0.15 0.38
EPS Actual -0.38 -0.52 -0.60 0.39
Revenue Estimate 266.68 M 212.84 M 361.72 M 428.99 M
Revenue Actual 254.03 M 200.50 M 375.43 M 426.51 M

Stock Performance

Shares of The Chefs' Warehouse were trading at $30.97 as of February 08. Over the last 52-week period, shares are down 23.02%. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. The Chefs' Warehouse is scheduled to hold the call at 08:30:00 ET and can be accessed here.

Posted In: BZI-EPEarnings

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