ChannelAdvisor (NYSE: ECOM) announces its next round of earnings this Thursday, August 8. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement.
Earnings and Revenue
ChannelAdvisor EPS is expected to be around 1 cent, according to sell-side analysts. Sales will likely be near $31.72 million.
ChannelAdvisor reported a loss of 2 cents when it published results during the same quarter last year. Sales in that period totaled $32.66 million. Sales would have fallen 2.88% from the same quarter last year. ChannelAdvisor's reported EPS has stacked up against analyst estimates in the past like this:
|Quarter||Q1 2019||Q4 2018||Q3 2018||Q2 2018|
Over the last 52-week period, shares are down 36.8%. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release. Over the past 90 days, analysts have adjusted their estimates higher for EPS and revenues. The average rating by analysts on ChannelAdvisor stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
ChannelAdvisor is scheduled to hold a conference call at 8:00 a.m. ET and can be accessed here: https://edge.media-server.com/mmc/p/7694boqg
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