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Earnings Outlook For Forterra

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Benzinga Insights
·2 min read
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Forterra (NASDAQ:FRTA) 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.

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 predict Forterra will report earnings of $0.07 per share on revenue of $377.14 million. In the same quarter last year, Forterra posted a loss of $0.12 per share on sales of $363.15 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

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 FRTA

The Wall Street estimate would represent a 158.33% increase in the company's earnings. Revenue would be have grown 3.85% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

EPS Estimate

0.48

0.1

-0.23

-0.13

EPS Actual

0.42

0.4

-0.22

-0.12

Revenue Estimate

467.24 M

389.58 M

303.34 M

346.91 M

Revenue Actual

457.60 M

426.19 M

330.88 M

363.15 M

Stock Performance

Shares of Forterra were trading at $23.45 as of February 22. Over the last 52-week period, shares are up 63.08%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Forterra is scheduled to hold the call at 09:30:00 ET and can be accessed here.

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