Benzinga | Mar 11, 2021 10:40AM EST

Buckle's Earnings Outlook

Buckle (NYSE:BKE) announces its next round of earnings this Friday, March 12. Here is Benzinga's look at Buckle's Q4 earnings 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

Analysts predict Buckle will report earnings of $1.26 per share on revenue of $318.80 million. Buckle earnings in the same period a year ago was $0.96 per share. Quarterly sales came in at $271.00 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.

The Wall Street consensus estimate for earnings would represent a 31.25% increase for the company. Revenue would be have grown 17.64% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020EPS Estimate 0.54 0.05 0.03 0.87EPS Actual 0.85 0.71 -0.24 0.96Revenue Estimate 232.62 M 170.83 M 143.23 M 271.08 MRevenue Actual 251.00 M 216.03 M 115.41 M 271.00 M

Stock Performance

Shares of Buckle were trading at $40.06 as of March 10. Over the last 52-week period, shares are up 166.49%. 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. Buckle is scheduled to hold the call at 10:00:00 ET and can be accessed here.