Earnings Outlook For Astronics

On Friday, August 06, Astronics ATRO will release its latest earnings report. Decipher the announcement with Benzinga's help.

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

Astronics's per-share loss will be near $-0.16 on sales of $114.52 million, according to Wall Street analysts. Astronics reported a loss of $0.36 when it published results during the same quarter last year. Sales in that period totaled $123.69 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 Friday, earnings would be up 55.56%. Sales would have fallen 7.42% from the same quarter last year. Here is how the company's reported EPS has compared to analyst estimates in the past:

Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020
EPS Estimate -0.10 -0.11 -0.24 -0.31
EPS Actual -0.39 -0.65 -0.17 -0.36
Revenue Estimate 101.00 M 113.21 M 109.58 M 110.03 M
Revenue Actual 105.86 M 114.80 M 106.51 M 123.69 M

eps graph

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 Astronics were trading at $15.96 as of August 04. Over the last 52-week period, shares are up 51.82%. 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. Astronics is scheduled to hold the call at 11:00:00 ET and can be accessed here.

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Posted In: EarningsBZI-EP
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