Tufin Software TUFN announces its next round of earnings this Wednesday, August 11. Here is Benzinga's everything-that-matters guide for this Wednesday's Q2 earnings announcement.
Net Income, Earnings, And Earnings Per Share
Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.
Earnings And Revenue
Wall Street analysts see Tufin Software reporting a loss of $-0.31 per share on revenue of $23.14 million. Tufin Software reported a per-share loss of $0.15 when it published results during the same quarter last year. Sales in that period totaled $23.03 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.
The Wall Street estimate would represent a 106.67% decline in the company's earnings. Sales would be up 0.47% on a year-over-year basis. In comparison to analyst estimates in the past, here is how the company's reported EPS stacks up:
| Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.27 | -0.08 | -0.16 | -0.29 |
| EPS Actual | -0.27 | -0.03 | -0.03 | -0.15 |
| Revenue Estimate | 22.82 M | 29.91 M | 23.62 M | 21.94 M |
| Revenue Actual | 21.36 M | 30.95 M | 25.60 M | 23.03 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 Tufin Software have declined 14.35%.
Do not be surprised to see the stock move on comments made during its conference call. Tufin Software is scheduled to hold the call at 08:00:00 ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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