Benzinga | Jul 29, 2021 10:41AM EDT

Earnings Outlook For MoneyGram Int

MoneyGram Int (NASDAQ:MGI) releases its next round of earnings this Friday, July 30. Get the latest predictions in Benzinga's essential guide to the company's Q2 earnings report.

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 MoneyGram Int reporting earnings of $0.01 per share on sales of $321.00 million. In the same quarter last year, MoneyGram Int posted EPS of $0.01 on sales of $279.80 million.

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

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.

The Wall Street estimate would represent no change in the company's earnings. Sales would be up 14.72% from the year-ago period. 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 -0.02 0.08 0.07 -0.06EPS Actual -0.06 0.12 0.16 0.01Revenue Estimate 300.35 M 326.62 M 307.74 M 255.77 MRevenue Actual 310.10 M 323.30 M 323.00 M 279.80 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

Over the last 52-week period, shares are up 236.49%. Given that these returns are generally positive, long-term shareholders can relax 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. MoneyGram Int is scheduled to hold the call at 09:00:00 ET and can be accessed here.