A Preview Of Alamos Gold's Earnings

On Wednesday, February 24, Alamos Gold AGI will release its latest earnings report. Check out Benzinga's preview to understand the implications.

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 Alamos Gold earnings of $0.05 per share. Revenue will likely be around $167.43 million, according to the consensus estimate. Alamos Gold reported a profit of $0.08 per share when it published results during the same quarter last year. Sales in that period totaled $186.00 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.

The Wall Street consensus estimate for earnings would represent a 37.5% decrease for the company. Sales would be down 9.98% from the year-ago period. 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 0.06 0.05 0.05 1
EPS Actual 0.15 0.03 0.08 0.08
Revenue Estimate 147.86 M 167.43 M 167.43 M 1.30 B
Revenue Actual 218.40 M 126.20 M 176.90 M 186.00 M

Stock Performance

Over the last 52-week period, shares of Alamos Gold are up 12.94%.

Do not be surprised to see the stock move on comments made during its conference call. Alamos Gold is scheduled to hold the call at 11:00:00 ET and can be accessed here.

Posted In: BZI-EPEarnings