Benzinga | Jan 19, 2021 10:27AM EST

A Preview Of BOK Financial's Earnings

On Wednesday, January 20, BOK Financial (NASDAQ:BOKF) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

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

Wall Street expects EPS of $1.92 and sales around $483.14 million. In the same quarter last year, BOK Financial posted EPS of $1.61 on sales of $448.83 million.

Why Analyst Estimates And Earnings Surprises Are Important

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 analyst consensus estimate would represent a 19.25% increase in the company's earnings. Revenue would be up 7.64% from the year-ago period. Here is how the BOK Financial's reported EPS has stacked up against analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020EPS Estimate 1.56 1.12 1.34 1.89EPS Actual 2.19 0.92 0.88 1.61Revenue Estimate 481.16 M 455.60 M 448.34 M 462.74 MRevenue Actual 505.91 M 510.80 M 441.68 M 448.83 M

Stock Performance

Shares of BOK Financial were trading at $79.25 as of January 18. Over the last 52-week period, shares are down 3.53%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.

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