CooTek (Cayman)'s Earnings Outlook

CooTek (Cayman) (NYSE:CTK) announces its next round of earnings this Thursday, June 03. Here is Benzinga's everything-that-matters guide for this Thursday's Q1 earnings announcement.

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

Wall Street analysts see CooTek (Cayman) reporting a loss of $0.17 per share on revenue of $80.00 million. CooTek (Cayman) reported a per-share loss of $0.14 when it published results during the same quarter last year. Sales in that period totaled $107.01 million.

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

If the company were to match the consensus estimate when it reports Thursday, earnings would be down 21.43%. Revenue would be down 25.24% on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Shares of CooTek (Cayman) were trading at $2.19 as of June 01. Over the last 52-week period, shares are down 70.42%. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release.

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

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