Addus HomeCare ADUS announces its next round of earnings this Monday, August 02. Here is Benzinga's everything-that-matters guide for this Monday's Q2 earnings announcement.
Net Income, Earnings, And Earnings Per Share
Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.
Earnings And Revenue
Wall Street analysts see Addus HomeCare reporting earnings of $0.89 per share on sales of $216.83 million. Addus HomeCare reported a per-share profit of $0.73 when it published results during the same quarter last year. Sales in that period totaled $184.58 million.
Why Analyst Estimates And Earnings Surprises Are Important
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 Wall Street consensus estimate for earnings would represent a 21.92% increase for the company. Sales would be up 17.47% from the year-ago period. The company's reported EPS has stacked up against analyst estimates in the past like this:
|Quarter||Q1 2021||Q4 2020||Q3 2020||Q2 2020|
|Revenue Estimate||209.39 M||197.78 M||189.03 M||173.01 M|
|Revenue Actual||205.30 M||196.00 M||193.99 M||184.58 M|
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Shares of Addus HomeCare were trading at $83.81 as of July 29. Over the last 52-week period, shares are down 15.63%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. Addus HomeCare is scheduled to hold the call at 09:00:00 ET and can be accessed here.
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