Lear LEA unveils its next round of earnings this Friday, August 06. Here is Benzinga's everything-that-matters guide for the 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
Lear earnings will be near $2.68 per share on sales of $4.91 billion, according to analysts. Lear reported a loss of $4.14 when it published results during the same quarter last year. Sales in that period totaled $2.44 billion.
Why Analyst Estimates And Earnings Surprises Are Important
Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.
If the company were to post earnings in line with the consensus estimate when it reports Friday, EPS would be up 164.73%. Sales would be up 100.82% from the year-ago period. Here is how the Lear's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
|---|---|---|---|---|
| EPS Estimate | 2.95 | 3.47 | 3.14 | -4.67 |
| EPS Actual | 3.73 | 3.66 | 3.73 | -4.14 |
| Revenue Estimate | 4.89 B | 5.01 B | 4.66 B | 2.16 B |
| Revenue Actual | 5.36 B | 5.24 B | 4.90 B | 2.44 B |
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 Lear were trading at $166.79 as of August 04. Over the last 52-week period, shares are up 48.84%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. Lear is scheduled to hold the call at 08:30:00 ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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