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Earnings Preview: Simply Good Foods

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On Wednesday, January 06, Simply Good Foods (NASDAQ:SMPL) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

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

Wall Street expects EPS of $0.21 and sales around $209.72 million. In the same quarter last year, Simply Good Foods posted EPS of $0.22 on sales of $152.15 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 SMPL

The analyst consensus estimate would represent a 4.55% decrease in the company's earnings. Revenue would be up 37.83% 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

0.15

0.18

0.20

EPS Actual

0.20

0.26

0.23

0.22

Revenue Estimate

205.14 M

208.08 M

220.90 M

161.75 M

Revenue Actual

222.29 M

215.10 M

227.10 M

152.15 M

Stock Performance

Shares of Simply Good Foods were trading at $29.71 as of January 04. Over the last 52-week period, shares are up 6.87%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Simply Good Foods is scheduled to hold the call at 08:30:00 ET and can be accessed here.

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