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Market Overview

Chemours's Earnings Outlook


On Monday, May 03, Chemours (NYSE:CC) will release its latest earnings report. Decipher the announcement with Benzinga's help.

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 covering Chemours modeled for quarterly EPS of $0.63 on revenue of $1.40 billion. Chemours reported a per-share profit of $0.71 when it published results during the same quarter last year. Sales in that period totaled $1.30 billion.

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, earnings would be down 11.27%. Revenue would be up 7.28% from the year-ago period. 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 0.41 0.33 0.10 0.47
EPS Actual 0.61 0.47 0.18 0.71
Revenue Estimate 1.28 B 1.20 B 1.09 B 1.33 B
Revenue Actual 1.34 B 1.23 B 1.09 B 1.30 B

eps graph

Stock Performance

Shares of Chemours were trading at $31.14 as of April 29. Over the last 52-week period, shares are up 185.24%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Chemours is scheduled to hold the call at 08:30:00 ET and can be accessed here.


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Posted-In: BZI-EPEarnings