Earnings Preview: Concrete Pumping Holdings

Concrete Pumping Holdings BBCP unveils its next round of earnings this Monday, June 07. Get prepared with Benzinga's ultimate preview for Concrete Pumping Holdings's Q2 earnings.

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

Concrete Pumping Holdings earnings will be near $0.02 per share on sales of $70.74 million, according to analysts. In the same quarter last year, Concrete Pumping Holdings posted EPS of $0.08 on sales of $74.04 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 a 125.0% increase in the company's earnings. Sales would be down 4.46% from the same quarter last year. The company's reported EPS has stacked up against analyst estimates in the past like this:

Stock Performance

Shares of Concrete Pumping Holdings were trading at $8.31 as of June 03. Over the last 52-week period, shares are up 109.31%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

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