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Earnings Outlook For Black Stone Minerals

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Black Stone Minerals (NYSE:BSM) announces its next round of earnings this Monday, February 22. 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

Wall Street analysts see Black Stone Minerals reporting earnings of $0.18 per share on revenue of $85.41 million. In the same quarter last year, Black Stone Minerals announced EPS of $0.17 on revenue of $103.03 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 report earnings in line when it publishes results Monday, quarterly profit would be up 5.88%. Sales would have fallen 17.1% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020
EPS Estimate 0.16 0.17 0.18 0.27
EPS Actual -0.03 -0.07 0.34 0.17
Revenue Estimate 83.94 M 84.64 M 104.25 M 127.23 M
Revenue Actual 43.74 M 38.53 M 183.05 M 103.03 M

Stock Performance

Shares of Black Stone Minerals were trading at $9.35 as of February 18. Over the last 52-week period, shares are down 3.81%. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Black Stone Minerals is scheduled to hold the call at 10:00:00 ET and can be accessed here.

 

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Posted-In: BZI-EPEarnings