TechTarget TTGT announces its next round of earnings this Wednesday, February 10. Here is Benzinga's everything-that-matters guide for this Wednesday's Q4 earnings announcement.
What Are Earnings, Net Income, 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
TechTarget EPS will likely be near $0.43 while revenue will be around $42.74 million, according to analysts. In the same quarter last year, TechTarget announced EPS of $0.27 on revenue of $35.89 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 match the consensus estimate when it reports Wednesday, EPS would be up 59.26%. Revenue would be have grown 19.09% from the same quarter last year. Here is how the TechTarget's reported EPS has stacked up against analyst estimates in the past:
|Quarter||Q3 2020||Q2 2020||Q1 2020||Q4 2020|
|Revenue Estimate||34.51 M||33.79 M||31.55 M||35.66 M|
|Revenue Actual||36.24 M||34.80 M||31.42 M||35.89 M|
Shares of TechTarget were trading at $92.8 as of February 08. Over the last 52-week period, shares are up 253.51%. 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. TechTarget is scheduled to hold the call at 17:00:00 ET and can be accessed here.
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