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A Preview Of Container Store Group's Earnings

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Container Store Group (NYSE:TCS) announces its next round of earnings this Tuesday, February 02. Here is Benzinga's everything-that-matters guide for this Tuesday's Q3 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

Sell-side analysts expect Container Store Group's EPS to be near $0.33 on sales of $262.16 million. Container Store Group EPS in the same period a year ago totaled $0.05. Revenue was $228.66 million.

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

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

View more earnings on TCS

The Wall Street estimate would represent a 560.0% increase in the company's earnings. Sales would be have grown 14.65% from the same quarter last year. Here is how the company's EPS has stacked up against analyst estimates in the past:

EPS Estimate

0.03

-0.25

0.35

0.05

EPS Actual

0.43

-0.32

0.26

0.05

Revenue Estimate

216.45 M

152.70 M

249.95 M

229.02 M

Revenue Actual

248.24 M

151.69 M

241.34 M

228.66 M

Stock Performance

Shares of Container Store Group were trading at $13.62 as of January 29. Over the last 52-week period, shares are up 228.05%. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Container Store Group is scheduled to hold the call at 16:30:00 ET and can be accessed here.

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