Benzinga | Jul 20, 2021 10:44AM EDT

Plexus's Earnings Outlook

Plexus (NASDAQ:PLXS) unveils its next round of earnings this Wednesday, July 21. Here is Benzinga's everything-that-matters guide for the earnings announcement.

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

Analysts expect Plexus earnings of $0.97 per share. Revenue will likely be around $840.89 million, according to the consensus estimate. In the same quarter last year, Plexus announced EPS of $1.2 on revenue of $857.39 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 match the consensus estimate, earnings would be down 19.17%. Sales would be down 1.92% on a year-over-year basis. The company's reported EPS has stacked up against analyst estimates in the past like this: Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 1.25 1.09 1.12 0.75EPS Actual 1.49 1.23 1.26 1.20Revenue Estimate 880.97 M 832.12 M 873.23 M 801.95 MRevenue Actual 880.88 M 830.36 M 913.23 M 857.39 M

Stock Performance

For a full 12 months, the return has risen by 16.45%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

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