Earnings Outlook for Seanergy Maritime Hldgs

Seanergy Maritime Hldgs (NASDAQ:SHIP) releases its next round of earnings this Tuesday, May 25. Get the latest predictions in Benzinga's essential guide to the company's Q1 earnings report.

What Are Earnings, Net Income, 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

Seanergy Maritime Hldgs EPS will likely be near $0.01 while revenue will be around $21.32 million, according to analysts. Seanergy Maritime Hldgs's loss in the same period a year ago was $0.31 per share. Quarterly sales came in at $13.34 million.

Why Analyst Estimates And Earnings Surprises Are Important

If the company were to match the consensus estimate, earnings would be up 96.77%. Sales would be up 59.83% from the same quarter last year. Here is how the Seanergy Maritime Hldgs's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Shares of Seanergy Maritime Hldgs were trading at $1.05 as of May 21. Over the last 52-week period, shares are down 48.8%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Seanergy Maritime Hldgs is scheduled to hold the call at 10:00:00 ET and can be accessed here.

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