Benzinga | Oct 28, 2020 10:13AM EDT

Cardtronics Earnings Preview

On Thursday, October 29, Cardtronics (NASDAQ: CATM) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

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 analysts see Cardtronics reporting earnings of $0.3 per share on revenue of $273.81 million. In the same quarter last year, Cardtronics reported earnings per share of $0.79 on sales of $351.51 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 Thursday, quarterly profit would be down 62.03%. Sales would have fallen 22.1% from the same quarter last year. 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 0.38 0.58 0.69EPS Actual 0.13 0.42 0.70 0.79Revenue Estimate 231.52 M 322.85 M 334.77 M 349.50 MRevenue Actual 233.19 M 306.60 M 338.81 M 351.51 M

Stock Performance

Shares of Cardtronics were trading at $18.99 as of October 27. Over the last 52-week period, shares are down 46.13%. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Cardtronics is scheduled to hold the call at 17:30:00 ET and can be accessed here.