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Market Overview

Preview: Knoll's Earnings

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Knoll (NYSE:KNL) announces its next round of earnings this Wednesday, April 28. Here is Benzinga's everything-that-matters guide for this Wednesday's Q1 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

Wall Street expects EPS of $0.02 and sales around $270.23 million. Knoll earnings in the same period a year ago was $0.4 per share. Quarterly sales came in at $340.00 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 Wednesday, EPS would have fallen 95.0%. Revenue would be down 20.52% from the year-ago period. Knoll's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q4 2021 Q3 2020 Q2 2020 Q1 2020
EPS Estimate 0.27 0.20 0.06 0.34
EPS Actual 0.14 0.23 0.19 0.40
Revenue Estimate 300.53 M 281.47 M 248.19 M 340.60 M
Revenue Actual 312.90 M 309.40 M 274.10 M 340.00 M

eps graph

Stock Performance

Over the last 52-week period, shares are up 96.53%. Given that these returns are generally positive, long-term shareholders can relax 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. Knoll is scheduled to hold the call at 17:30:00 ET and can be accessed here.

 

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Posted-In: BZI-EPEarnings