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Colony Credit Real Estate's Earnings: A Preview

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Benzinga Insights
·2 min read
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Colony Credit Real Estate (NYSE:CLNC) announces its next round of earnings this Wednesday, February 24. Here is Benzinga's everything-that-matters guide for this Wednesday's Q4 earnings announcement.

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

Based on management's projections, Colony Credit Real Estate analysts model for earnings of $0.15 per share on sales of $78.10 million. In the same quarter last year, Colony Credit Real Estate announced EPS of $0.33 on revenue of $89.15 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.

View more earnings on CLNC

If the company were to match the consensus estimate, earnings would be down 54.55%. Revenue would be down 12.39% on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

EPS Estimate

0.16

0.18

0.29

0.29

EPS Actual

0.18

0.26

0.35

0.33

Revenue Estimate

71.80 M

79.20 M

136.50 M

135.30 M

Revenue Actual

66.93 M

60.30 M

89.78 M

89.15 M

Stock Performance

Over the past 52-week period, shares of Colony Credit Real Estate have declined 31.65%.

Do not be surprised to see the stock move on comments made during its conference call. Colony Credit Real Estate is scheduled to hold the call at 17:00:00 ET and can be accessed here.

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