Benzinga | Jul 26, 2021 10:35AM EDT

UMB Financial's Earnings Outlook

UMB Financial (NASDAQ:UMBF) announces its next round of earnings this Tuesday, July 27. Here is Benzinga's look at UMB Financial's Q2 earnings report.

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 predict UMB Financial will report earnings of $1.78 per share on revenue of $311.78 million. In the same quarter last year, UMB Financial posted EPS of $1.33 on sales of $298.69 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 match the consensus estimate, earnings would be up 33.83%. Sales would be up 4.38% on a year-over-year basis. The company's reported EPS has stacked up against analyst estimates in the past like this: Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020EPS Estimate 1.44 2.30 1.02 0.37EPS Actual 1.91 3.26 1.59 1.33Revenue Estimate 309.85 M 330.71 M 290.52 M 283.06 MRevenue Actual 303.01 M 422.96 M 297.38 M 298.69 M

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

Shares of UMB Financial were trading at $86.93 as of July 23. Over the last 52-week period, shares are up 88.78%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. UMB Financial is scheduled to hold the call at 09:30:00 ET and can be accessed here.