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Preview: Oxford Industries's Earnings

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Benzinga Insights
·2 min read
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Oxford Industries (NYSE:OXM) unveils its next round of earnings this Wednesday, December 09. Here is Benzinga's everything-that-matters guide for the 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

Analysts are expecting Oxford Industries to report a loss of $1.1 per share. Revenue will likely be around $164.42 million, according to the consensus estimate. In the same quarter last year, Oxford Industries announced EPS of $0.1 on revenue of $241.22 million.

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.

View more earnings on OXM

The analyst consensus estimate would represent a 1200.0% decrease in the company's earnings. Revenue would have fallen 31.84% from the same quarter last year. Here is how the company's reported EPS has compared to analyst estimates in the past:

EPS Estimate

-0.61

0.06

1.10

0.08

EPS Actual

-0.38

-1.12

1.09

0.10

Revenue Estimate

170.57 M

186.54 M

306.75 M

240.16 M

Revenue Actual

191.99 M

160.34 M

297.60 M

241.22 M

Stock Performance

Shares of Oxford Industries were trading at $62.25 as of December 07. Over the last 52-week period, shares are down 16.16%. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.

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

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