Addus HomeCare ADUS unveils its next round of earnings this Thursday, February 25. Get prepared with Benzinga's ultimate preview for Addus HomeCare's Q4 earnings.
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 Addus HomeCare reporting earnings of $0.75 per share on sales of $197.78 million. In the same quarter last year, Addus HomeCare reported earnings per share of $0.73 on sales of $192.40 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 report earnings in line when it publishes results Thursday, earnings would be up 2.74%. Revenue would be up 2.8% from the same quarter last year. Addus HomeCare's reported EPS has stacked up against analyst estimates in the past like this:
|Quarter||Q3 2020||Q2 2020||Q1 2020||Q4 2020|
|Revenue Estimate||189.03 M||173.01 M||187.31 M||182.91|
|Revenue Actual||193.99 M||184.58 M||190.20 M||192.40 M|
Shares of Addus HomeCare were trading at $115.09 as of February 23. Over the last 52-week period, shares are up 28.02%. 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. Addus HomeCare is scheduled to hold the call at 09:00:00 ET and can be accessed here.
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