On Monday, August 02, TravelCenters Of America TA will release its latest earnings report. Benzinga's outlook for TravelCenters Of America is included in the following report.
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 expects EPS of $0.26 and sales around $1.75 billion. In the same quarter last year, TravelCenters Of America announced EPS of $0.59 on revenue of $986.10 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.
If the company were to report earnings in line when it publishes results Monday, quarterly profit would be down 55.93%. Revenue would be up 77.47% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.72 | -0.26 | 0.25 | 0.68 |
| EPS Actual | -0.37 | -0.28 | 0.65 | 0.59 |
| Revenue Estimate | 1.41 B | 1.21 B | 1.31 B | 913.02 M |
| Revenue Actual | 1.53 B | 1.29 B | 1.27 B | 986.10 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 TravelCenters Of America were trading at $29.1 as of July 29. Over the last 52-week period, shares are up 109.36%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. TravelCenters Of America is scheduled to hold the call at 10:00:00 ET and can be accessed here.
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