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VirTra's Earnings: A Preview

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VirTra's Earnings: A Preview

On Monday, May 17, VirTra (NASDAQ:VTSI) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

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

Sell-side analysts are expecting VirTra's loss per share to be near $0.01 on sales of $4.30 million. VirTra EPS in the same period a year ago totaled $0.05. Sales were $3.34 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.

The Wall Street estimate would represent a 80.0% increase in the company's earnings. Revenue would be up 28.82% on a year-over-year basis. VirTra'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 0.04 -0.02 -0.11 -0.02
EPS Actual 0.21 0.11 -0.08 -0.05
Revenue Estimate 5.49 M 3.99 M 1.99 M 4.83 M
Revenue Actual 6.57 M 6.40 M 2.77 M 3.34 M

eps graph

Stock Performance

Shares of VirTra were trading at $5.22 as of May 13. Over the last 52-week period, shares are up 148.76%. 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. VirTra is scheduled to hold the call at 16:30:00 ET and can be accessed here.

 

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Posted-In: BZI-EPEarnings