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Market Overview

A Preview Of Qudian's Earnings

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On Monday, March 29, Qudian (NYSE:QD) will release its latest earnings report. Benzinga's outlook for Qudian is included in the following report.

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 expects EPS of $0.4 and sales around $96.78 million. Qudian reported a per-share profit of $0.07 when it published results during the same quarter last year. Sales in that period totaled $277.45 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 471.43%. Revenue would have fallen 65.12% 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 0.04 -0.08 -0.26 0.72
EPS Actual 0.32 0.02 -0.50 0.07
Revenue Estimate 165.18 M 106.44 M 169.87 M 1.64 B
Revenue Actual 125.11 M 165.19 M 135.28 M 277.45 M

Stock Performance

Shares of Qudian were trading at $2.265 as of March 25. Over the last 52-week period, shares are up 23.92%. 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. Qudian is scheduled to hold the call at 07:00:00 ET and can be accessed here.

 

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Posted-In: BZI-EPEarnings News

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