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Market Overview

Earnings Outlook for Smart Sand

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Smart Sand (NASDAQ:SND) unveils its next round of earnings this Tuesday, March 02. Here is Benzinga's everything-that-matters guide for the earnings announcement.

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

Sell-side analysts are expecting Smart Sand's loss per share to be near $0.07 on sales of $19.39 million. In the same quarter last year, Smart Sand reported EPS of $0.25 on revenue of $47.67 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 analyst consensus estimate would represent a 128.0% decline in the company's EPS figure. Revenue would be down 59.32% 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 -0.10 0.14 0.04 0.17
EPS Actual -0.09 0.12 0 0.25
Revenue Estimate 16.04 M 32.94 M 58.15 M 46.53 M
Revenue Actual 23.41 M 26.11 M 47.49 M 47.67 M

Stock Performance

For a full 12 months, the return has risen by 115.29%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

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

 

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Posted-In: BZI-EPEarnings