Popular's Earnings: A Preview

Popular (NASDAQ:BPOP) announces its next round of earnings this Thursday, July 22. Here is Benzinga's everything-that-matters guide for this Thursday's Q2 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

Analysts covering Popular modeled for quarterly EPS of $2.03 on revenue of $478.20 million. In the same quarter last year, Popular announced EPS of $1.49 on revenue of $450.88 million.

Why Analyst Estimates And Earnings Surprises Are Important

If the company were to match the consensus estimate when it reports Thursday, earnings would be up 36.24%. Sales would be up 6.06% on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

Shares of Popular were trading at $70.18 as of July 20. Over the last 52-week period, shares are up 81.95%. 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. Popular is scheduled to hold the call at 11:00:00 ET and can be accessed here.

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