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Del Taco Restaurants (NASDAQ:TACO) will be releasing its next round of earnings this Monday, March 08. For all of the relevant information, here is your guide for Monday'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 Del Taco Restaurants management projections, analysts predict EPS of $0.14 on revenue of $156.10 million. Del Taco Restaurants EPS in the same period a year ago totaled $0.18. Revenue was $157.10 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.
If the company were to match the consensus estimate when it reports Monday, EPS would have fallen 22.22%. Revenue would be down 0.63% on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past:
Shares of Del Taco Restaurants were trading at $10.66 as of March 04. Over the last 52-week period, shares are up 117.25%. 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. Del Taco Restaurants is scheduled to hold the call at 16:30:00 ET and can be accessed here.
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