Arlington Asset AAIC will be releasing its next round of earnings this Tuesday, August 03. For all of the relevant information, here is your guide for Tuesday'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
Arlington Asset earnings will be near $0.04 per share on sales of $3.21 million, according to analysts. In the same quarter last year, Arlington Asset posted EPS of $0.01 on sales of $3.77 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 match the consensus estimate, earnings would be up 300.0%. Sales would be down 14.74% from the year-ago period. Arlington Asset's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.06 | 0.04 | 0.03 | 0.02 |
| EPS Actual | 0.03 | 0.12 | 0.03 | 0.01 |
| Revenue Estimate | 2.94 M | 2.64 M | 3.34 M | 3.27 M |
| Revenue Actual | 3.76 M | 6.41 M | 3.78 M | 3.77 M |
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Stock Performance
Shares of Arlington Asset were trading at $3.86 as of July 30. Over the last 52-week period, shares are up 47.74%. 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. Arlington Asset is scheduled to hold the call at 10:00:00 ET and can be accessed here.
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