Earnings Preview: AgroFresh Solutions

On Tuesday, August 10, AgroFresh Solutions AGFS will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

What Are Earnings, Net Income, 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

AgroFresh Solutions EPS loss is expected to be around $-0.44, according to sell-side analysts. Sales will likely be near $19.52 million. In the same quarter last year, AgroFresh Solutions reported a loss per share of $0.39 on revenue of $19.98 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 when it reports Tuesday, earnings would be down 12.82%. Revenue would be down 2.31% from the same quarter last year. Here is how the company's EPS has stacked up against analyst estimates in the past:

Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020
EPS Estimate -0.20 0.05 0.08 -0.35
EPS Actual 0.03 -0.18 -0.33 -0.39
Revenue Estimate 34.55 M 54.89 M 59.51 M 21.19 M
Revenue Actual 38.99 M 51.87 M 52.77 M 19.98 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

Over the past 52-week period, shares of AgroFresh Solutions have declined 14.29%.

Do not be surprised to see the stock move on comments made during its conference call. AgroFresh Solutions is scheduled to hold the call at 16:30:00 ET and can be accessed here.

Posted In: BZI-EPEarnings