Benzinga | Jan 19, 2021 10:31AM EST

A Preview Of Plexus's Earnings

Plexus (NASDAQ:PLXS) will be releasing its next round of earnings this Wednesday, January 20. For all of the relevant information, here is your guide for Wednesday's Q1 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 covering Plexus modeled for quarterly EPS of $1.09 on revenue of $832.12 million. In the same quarter last year, Plexus reported earnings per share of $1.0 on revenue of $852.41 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 9.0% increase in the company's EPS figure. Sales would have fallen 2.38% from the same quarter last year. Here is how the company's reported EPS has compared to analyst estimates in the past:

Quarter Q4 2020 Q3 2020 Q2 2020 Q1 2020EPS Estimate 1.12 0.75 0.56 0.93EPS Actual 1.26 1.20 0.61 1Revenue Estimate 873.23 M 801.95 M 741.17 M 803.38 MRevenue Actual 913.23 M 857.39 M 767.36 M 852.41 M

Stock Performance

Over the last 52-week period, shares of Plexus are up 7.07%.

Do not be surprised to see the stock move on comments made during its conference call. Plexus is scheduled to hold the call at 08:30:00 ET and can be accessed here.