Preview: Tyler Technologies's Earnings

Tyler Technologies TYL announces its next round of earnings this Wednesday, July 28. Here is Benzinga's look at Tyler Technologies's Q2 earnings report.

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

Analysts predict Tyler Technologies will report earnings of $1.63 per share on revenue of $376.06 million. In the same quarter last year, Tyler Technologies posted EPS of $1.38 on sales of $271.33 million.

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

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

The analyst consensus estimate would represent a 18.12% increase in the company's earnings. Sales would be have grown 38.6% from the same quarter last year. In comparison to analyst estimates in the past, here is how the company's reported EPS stacks up:

Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020
EPS Estimate 1.32 1.42 1.33 1.20
EPS Actual 1.43 1.39 1.50 1.38
Revenue Estimate 288.91 M 291.48 M 283.96 M 278.59 M
Revenue Actual 294.80 M 283.41 M 285.94 M 271.33 M

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 Tyler Technologies were trading at $494.39 as of July 26. Over the last 52-week period, shares are up 40.4%. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release.

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

Posted In: BZI-EPEarnings