Benzinga | Nov 6, 2020 10:16AM EST

Earnings Outlook For Asure Software

On Monday, November 09, Asure Software (NASDAQ: ASUR) will release its latest earnings report. Decipher the announcement with Benzinga's help.

Net Income, Earnings, 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

Based on Asure Software management projections, analysts predict EPS of $0.01 on revenue of $14.57 million. In the same quarter last year, Asure Software announced EPS of $0.11 on revenue of $24.56 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 match the consensus estimate when it reports Monday, earnings would be down 90.91%. Revenue would be down 40.67% from the year-ago period. Asure Software's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019EPS Estimate -0.04 0.16 0.03 0.09EPS Actual 0.03 0.21 -0.10 0.11Revenue Estimate 13.91 M 18.35 M 17.17 M 25.13 MRevenue Actual 14.12 M 18.95 M 21.61 M 24.56 M

Stock Performance

Over the past 52-week period, shares of Asure Software have declined 25.27%. 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. Asure Software is scheduled to hold the call at 16:30:00 ET and can be accessed here.