Benzinga | Apr 20, 2021 10:31AM EDT

Earnings Outlook for BOK Financial

BOK Financial (NASDAQ:BOKF) announces its next round of earnings this Wednesday, April 21. Here is Benzinga's everything-that-matters guide for this Wednesday's Q1 earnings announcement.

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

Analysts covering BOK Financial modeled for quarterly EPS of $1.92 on revenue of $470.02 million. In the same quarter last year, BOK Financial reported earnings per share of $0.88 on sales of $441.68 million.

Why Analyst Estimates And Earnings Surprises Are Important

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 report earnings in line when it publishes results Wednesday, earnings would be up 118.18%. Revenue would be up 6.42% from the year-ago period. The company's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q4 2021 Q3 2020 Q2 2020 Q1 2020EPS Estimate 1.92 1.56 1.12 1.34EPS Actual 2.21 2.19 0.92 0.88Revenue Estimate 483.14 M 481.16 M 455.60 M 448.34 MRevenue Actual 494.01 M 505.91 M 510.80 M 441.68 M

Stock Performance

Shares of BOK Financial were trading at $91.09 as of April 19. Over the last 52-week period, shares are up 101.08%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. BOK Financial is scheduled to hold the call at 10:00:00 ET and can be accessed here.