Benzinga | Jul 28, 2021 10:39AM EDT

Earnings Outlook For Data I/O

Data I/O (NASDAQ:DAIO) announces its next round of earnings this Thursday, July 29. Here is Benzinga's everything-that-matters guide for this Thursday's Q2 earnings announcement.

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 are expecting Data I/O to report a loss of $0.01 per share. Revenue will likely be around $6.20 million, according to the consensus estimate. In the same quarter last year, Data I/O posted EPS of $0.13 on sales of $4.66 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

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.

The Wall Street consensus estimate for earnings would represent a 92.31% increase for the company. Sales would be up 33.19% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past: Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020EPS Estimate -0.05 -0.05 -0.07 -0.09EPS Actual -0.04 -0.12 -0.09 -0.13Revenue Estimate 5.20 M 5.60 M 4.90 M 4.40 MRevenue Actual 6.01 M 4.94 M 5.95 M 4.66 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 Data I/O were trading at $6.01 as of July 27. Over the last 52-week period, shares are up 59.43%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

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