Benzinga | Nov 10, 2020 10:05AM EST

Earnings Outlook for NV5 Global

On Wednesday, November 11, NV5 Global (NASDAQ: NVEE) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Based on NV5 Global management projections, analysts predict EPS of $0.7 on revenue of $156.35 million. In the same quarter last year, NV5 Global reported EPS of $0.78 on revenue of $132.09 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.

The Wall Street estimate would represent a 10.26% decline in the company's earnings. Sales would be up 18.36% from the same quarter last year. NV5 Global's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019EPS Estimate 0.59 0.86 0.79 1.02EPS Actual 0.93 0.84 0.64 0.78Revenue Estimate 151.31 M 161.17 M 140.90 M 138.33 MRevenue Actual 162.69 M 166.96 M 133.82 M 132.09 M

Stock Performance

Over the last 52-week period, shares are up 16.55%. 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. NV5 Global is scheduled to hold the call at 16:30:00 ET and can be accessed here.