Benzinga | Nov 17, 2020 10:13AM EST

Earnings Outlook for Bilibili

On Wednesday, November 18, Bilibili (NASDAQ: BILI) will release its latest earnings report. Benzinga's outlook for Bilibili is included in the following report.

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

Sell-side analysts are expecting Bilibili's loss per share to be near $0.37 on sales of $463.97 million. Bilibili EPS in the same period a year ago totaled $0.15. Sales were $260.10 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.

If the company were to report earnings in line when it publishes results Wednesday, quarterly profit would be down 146.67%. Sales would be up 78.38% from the same quarter last year. Here is how the company's reported EPS has compared to analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019EPS Estimate -0.22 -0.16 -0.97 -0.14EPS Actual -0.19 -0.20 -0.17 -0.15Revenue Estimate 368.47 M 308.62 M 1.97 B 248.87 MRevenue Actual 370.50 M 327.00 M 288.40 M 260.10 M

Stock Performance

Over the last 52-week period, shares are up 201.9%. 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. Bilibili is scheduled to hold the call at 20:00:00 ET and can be accessed here.