Benzinga | Aug 18, 2020 10:46AM EDT

Earnings Preview: Sharps Compliance

On Wednesday, August 19, Sharps Compliance (NASDAQ:SMED) will release its latest earnings report. Here is Benzinga's outlook for the company.

Earnings and Revenue

Sharps Compliance earnings will be near $0.01 per share on sales of $12.75 million, according to analysts. Sharps Compliance reported a profit of $0.03 per share when it published results during the same quarter last year. Sales in that period totaled $12.17 million. If the company were to match the consensus estimate when it reports Wednesday, earnings per share would be down 66.67%. Sales would be up 4.73% from the year-ago period. Here's how the company's EPS has stacked up against analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2019 Q4 2019EPS Estimate -0.04 0.03 0.01 0.01EPS Actual -0.10 0.06 0.04 0.03Revenue Estimate 10.60 M 12.11 M 11.34 M 10.77 MRevenue Actual 10.41 M 14.56 M 13.60 M 12.17 M

Stock Performance

For a full 12 months, the return has risen by 110.05%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Sharps Compliance is scheduled to hold the call at 11:00:00 ET and can be accessed here: http://investor.sharpsinc.com/