Benzinga | Apr 13, 2021 10:29AM EDT

Earnings Outlook for Lovesac

On Wednesday, April 14, Lovesac (NASDAQ:LOVE) will release its latest earnings report. Here is Benzinga's outlook for the company.

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

Wall Street analysts see Lovesac reporting earnings of $0.58 per share on sales of $116.13 million. Lovesac EPS in the same period a year ago totaled $0.37. Revenue was $92.17 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.

The analyst consensus estimate would represent a 56.76% increase in the company's earnings. Sales would be up 25.99% on a year-over-year basis. The company's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020EPS Estimate -0.88 -0.48 -0.67 0.33EPS Actual 0.16 -0.08 -0.58 0.37Revenue Estimate 66.14 M 52.35 M 47.20 M 90.64 MRevenue Actual 74.74 M 61.95 M 54.37 M 92.17 M

Stock Performance

Over the last 52-week period, shares of Lovesac are up 1087.88%.

Do not be surprised to see the stock move on comments made during its conference call. Lovesac is scheduled to hold the call at 08:30:00 ET and can be accessed here.