Benzinga | Mar 10, 2021 10:10AM EST

A Preview Of Aemetis's Earnings

On Thursday, March 11, Aemetis (NASDAQ:AMTX) will release its latest earnings report. Here is Benzinga's outlook for the company.

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

Wall Street expects an EPS loss of $0.53 and sales around $48.93 million. In the same quarter last year, Aemetis reported a loss per share of $0.33 on sales of $52.10 million.

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

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 Thursday, earnings would be down 60.61%. Revenue would be down 6.09% from the year-ago period. Here is how the Aemetis's reported EPS has stacked up against analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020EPS Estimate -0.05 -0.31 -0.34 -0.33EPS Actual -0.59 0.10 -0.58 -0.33Revenue Estimate 59.70 M 48.70 M 50.40 M 46.80 MRevenue Actual 40.92 M 47.82 M 39.48 M 52.10 M

Stock Performance

Shares of Aemetis were trading at $15.94 as of March 09. Over the last 52-week period, shares are up 2739.34%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Aemetis is scheduled to hold the call at 14:00:00 ET and can be accessed here.