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Market Overview

PolarityTE's Earnings Outlook

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PolarityTE (NASDAQ:PTE) announces its next round of earnings this Tuesday, March 30. Here is Benzinga's everything-that-matters guide for this Tuesday's Q4 earnings announcement.

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

Sell-side analysts are expecting PolarityTE's loss per share to be near $0.16 on sales of $2.90 million. PolarityTE reported a per-share loss of $0.76 when it published results during the same quarter last year. Sales in that period totaled $1.47 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 match the consensus estimate when it reports Tuesday, earnings would be up 78.95%. Sales would be up 97.82% from the year-ago period. Here is how the company's reported EPS has compared to analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020
EPS Estimate -0.21 -0.38 -0.52 -0.90
EPS Actual -0.18 -0.33 -0.39 -0.76
Revenue Estimate 2.97 M 830.00 K 1.57 M 1.60 M
Revenue Actual 3.34 M 2.27 M 933.00 K 1.47 M

eps graph

Stock Performance

Shares of PolarityTE were trading at $1.11 as of March 26. Over the last 52-week period, shares are up 0.93%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. PolarityTE is scheduled to hold the call at 08:00:00 ET and can be accessed here.

 

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Posted-In: BZI-EPEarnings