Lydall's Earnings: A Preview
Lydall (NYSE:LDL) unveils its next round of earnings this Tuesday, February 23. Get prepared with Benzinga's ultimate preview for Lydall's Q4 earnings.
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
Wall Street analysts see Lydall reporting earnings of $0.07 per share on revenue of $197.05 million. In the same quarter last year, Lydall announced EPS of $0.17 on revenue of $193.29 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.
The Wall Street consensus estimate for earnings would represent a 141.18% increase for the company. Sales would be up 1.95% from the same quarter last year. The company's reported EPS has stacked up against analyst estimates in the past like this:
EPS Estimate | -0.11 | -0.77 | -0.09 | 0.17 |
EPS Actual | -0.02 | -0.27 | 0.20 | -0.17 |
Revenue Estimate | 164.90 M | 146.90 M | 194.17 M | 198.08 M |
Revenue Actual | 207.09 M | 146.16 M | 200.53 M | 193.29 M |
Stock Performance
Over the last 52-week period, shares are up 76.57%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Do not be surprised to see the stock move on comments made during its conference call. Lydall is scheduled to hold the call at 10:00:00 ET and can be accessed here.
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