Benzinga | Oct 30, 2020 11:09AM EDT

Earnings Preview for Bruker

On Monday, November 02, Bruker (NASDAQ: BRKR) will release its latest earnings report. Benzinga's outlook for Bruker is included in the following report.

Net Income, Earnings, 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

Sell-side analysts expect Bruker's EPS to be near $0.31 on sales of $483.68 million. In the same quarter last year, Bruker reported earnings per share of $0.43 on revenue of $521.10 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 post earnings in line with the consensus estimate when it reports Monday, EPS would be down 27.91%. Revenue would be down 7.18% from the year-ago period. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019EPS Estimate 0.06 0.22 0.59 0.38EPS Actual 0.21 0.14 0.53 0.43Revenue Estimate 390.92 M 441.45 M 576.41 M 496.69 MRevenue Actual 424.60 M 424.00 M 599.90 M 521.10 M

Stock Performance

Shares of Bruker were trading at $41.99 as of October 29. Over the last 52-week period, shares are down 15.18%. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Bruker is scheduled to hold the call at 16:30:00 ET and can be accessed here.