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Market Overview

Earnings Preview: Broadwind Energy

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Broadwind Energy (NASDAQ:BWEN) announces its next round of earnings this Friday, August 06. Here is Benzinga's everything-that-matters guide for this Friday'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

Analysts expect Broadwind Energy earnings of $0.12 per share. Revenue will likely be around $46.31 million, according to the consensus estimate. In the same quarter last year, Broadwind Energy reported earnings per share of $0.03 on revenue of $54.93 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, quarterly profit would be up 300.0%. Sales would be down 15.69% from the same quarter last year. Broadwind Energy'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 -0.17 -0.12 -0.06 0.02
EPS Actual -0.07 -0.12 -0.06 0.03
Revenue Estimate 35.55 M 40.81 M 48.43 M 48.37 M
Revenue Actual 32.73 M 40.32 M 54.61 M 54.93 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 Broadwind Energy were trading at $3.64 as of August 04. Over the last 52-week period, shares are down 15.72%. 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. Broadwind Energy is scheduled to hold the call at 11:00:00 ET and can be accessed here.

 

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Posted-In: BZI-EPEarnings