Benzinga | Dec 17, 2020 10:04AM EST

Earnings Preview for Winnebago Industries

Winnebago Industries (NYSE:WGO) announces its next round of earnings this Friday, December 18. Here is Benzinga's everything-that-matters guide for this Friday's Q1 earnings announcement.

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

Winnebago Industries EPS will likely be near $0.98 while revenue will be around $748.38 million, according to analysts. Winnebago Industries EPS in the same period a year ago totaled $0.73. Sales were $588.46 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.

The analyst consensus estimate would represent a 34.25% increase in the company's earnings. Revenue would be up 27.18% from the same quarter last year. Winnebago Industries's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q4 2020 Q3 2020 Q2 2020 Q1 2019EPS Estimate 0.90 -0.44 0.67 0.57EPS Actual 1.45 -0.26 0.67 0.73Revenue Estimate 722.89 M 346.10 M 613.97 M 538.89 MRevenue Actual 737.81 M 402.46 M 626.81 M 588.46 M

Stock Performance

Over the last 52-week period, shares of Winnebago Industries are up 15.38%.

Do not be surprised to see the stock move on comments made during its conference call. Winnebago Industries is scheduled to hold the call at 10:00:00 ET and can be accessed here.