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Market Overview

Bank of Marin Earnings Preview

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On Monday, April 19, Bank of Marin (NASDAQ:BMRC) will release its latest earnings report. Check out Benzinga's preview to understand the implications.

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

Analysts expect Bank of Marin earnings of $0.52 per share. Revenue will likely be around $24.46 million, according to the consensus estimate. In the same quarter last year, Bank of Marin posted EPS of $0.53 on sales of $24.12 million.

Why Analyst Estimates And Earnings Surprises Are Important

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, earnings would be down 1.89%. Revenue would be up 1.41% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q4 2021 Q3 2020 Q2 2020 Q1 2020
EPS Estimate 0.48 0.52 0.41 0.51
EPS Actual 0.60 0.55 0.46 0.53
Revenue Estimate 23.99 M 25.47 M 23.97 M 24.50 M
Revenue Actual 23.60 M 24.57 M 24.38 M 24.12 M

eps graph

Stock Performance

Shares of Bank of Marin were trading at $39.17 as of April 15. Over the last 52-week period, shares are up 28.74%. 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. Bank of Marin is scheduled to hold the call at 11:30:00 ET and can be accessed here.

 

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Posted-In: BZI-EPEarnings