Earnings Preview for Slack Technologies

Slack Technologies WORK releases its next round of earnings this Thursday, June 03. Here is Benzinga's essential guide to Slack Technologies's Q1 earnings report.

Net Income, Earnings, 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 are predicting Slack Technologies will report a loss of $0.02 per share on revenue of $263.33 million. In the same quarter last year, Slack Technologies posted a loss of $0.02 per share on sales of $201.65 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

The analyst consensus estimate would represent 0% change in company's EPS figure. Revenue would be up 30.59% from the same quarter last year. Here is how the company's reported EPS has compared to analyst estimates in the past:

Stock Performance

Shares of Slack Technologies were trading at $43.84 as of June 01. Over the last 52-week period, shares are up 15.68%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Slack Technologies is scheduled to hold the call at 17:00:00 ET and can be accessed here.