Benzinga | Jun 4, 2021 10:38AM EDT

Earnings Preview: G-III Apparel Group

G-III Apparel Group (NASDAQ:GIII) announces its next round of earnings this Monday, June 07. Here is Benzinga's everything-that-matters guide for this Monday's Q1 earnings announcement.

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

Analysts covering G-III Apparel Group modeled for quarterly EPS of $0.15 on revenue of $462.03 million. In the same quarter last year, G-III Apparel Group reported a loss per share of $0.75 on revenue of $405.13 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.

If the company were to report earnings in line when it publishes results Monday, earnings would be up 120.0%. Sales would be up 14.04% from the same quarter last year. Here is how the company's reported EPS has compared to analyst estimates in the past: Quarter Q4 2021 Q3 2020 Q2 2020 Q1 2020EPS Estimate 0.23 0.77 -0.77 -0.51EPS Actual 0.30 1.29 -0.01 -0.75Revenue Estimate 533.67 M 768.16 M 327.39 M 466.87 MRevenue Actual 526.24 M 826.56 M 297.21 M 405.13 M

Stock Performance

Shares of G-III Apparel Group were trading at $32.14 as of June 03. Over the last 52-week period, shares are up 77.3%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

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