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Market Overview

Earnings Outlook For Glaukos

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Glaukos (NYSE:GKOS) releases its next round of earnings this Thursday, February 25. Get the latest predictions in Benzinga's essential guide to the company's Q4 earnings report.

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

Wall Street analysts see Glaukos reporting a loss of $0.29 per share on revenue of $67.84 million. In the same quarter last year, Glaukos reported a loss per share of $0.06 on revenue of $65.85 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.

The Wall Street estimate would represent a 383.33% decline in the company's earnings. Revenue would be up 3.02% on a year-over-year basis. 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 -0.48 -0.76 -0.39 -0.14
EPS Actual -0.09 -0.61 -0.44 -0.06
Revenue Estimate 53.75 M 20.06 M 59.14 M 62.22 M
Revenue Actual 64.83 M 31.56 M 55.34 M 65.85 M

Stock Performance

Shares of Glaukos were trading at $94.18 as of February 23. Over the last 52-week period, shares are up 54.61%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Glaukos is scheduled to hold the call at 16:30:00 ET and can be accessed here.

 

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Posted-In: BZI-EPEarnings