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On Tuesday, February 16, JELD-WEN Holding (NYSE:JELD) will release its latest earnings report. Check out Benzinga's preview to understand the implications.
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
Based on JELD-WEN Holding management projections, analysts predict EPS of $0.38 on revenue of $1.10 billion. JELD-WEN Holding reported a profit of $0.24 per share when it published results during the same quarter last year. Sales in that period totaled $1.07 billion.
Why Analyst Estimates And Earnings Surprises Are Important
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.
If the company were to match the consensus estimate, earnings would be up 58.33%. Revenue would be up 2.9% from the year-ago period. Here is how the company's reported EPS has stacked up against analyst estimates in the past:
Over the last 52-week period, shares are up 28.03%. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. JELD-WEN Holding is scheduled to hold the call at 08:00:00 ET and can be accessed here.
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