Benzinga | Feb 17, 2021 10:05AM EST

Earnings Preview for Rogers

On Thursday, February 18, Rogers (NYSE:ROG) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

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

Based on management's projections, Rogers analysts model for earnings of $1.42 per share on sales of $203.53 million. Rogers EPS in the same period a year ago totaled $1.14. Sales were $193.77 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

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.

If the company were to match the consensus estimate when it reports Thursday, earnings would be up 24.56%. Sales would be up 5.04% on a year-over-year basis. Here is how the company's reported EPS has compared to analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020EPS Estimate 1 0.90 0.83 1.06EPS Actual 1.45 1.13 0.92 1.14Revenue Estimate 184.23 M 197.10 M 190.33 M 204.87 MRevenue Actual 201.94 M 191.16 M 198.81 M 193.77 M

Stock Performance

Shares of Rogers were trading at $180.08 as of February 16. Over the last 52-week period, shares are up 58.02%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Rogers is scheduled to hold the call at 17:00:00 ET and can be accessed here.