Benzinga | Aug 25, 2021 10:18AM EDT

A Preview Of Redhill Biopharma's Earnings

Redhill Biopharma (NASDAQ:RDHL) will be releasing its next round of earnings this Thursday, August 26. For all of the relevant information, here is your guide for 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

Wall Street expects an EPS loss of $-0.12 and sales around $25.02 million. In the same quarter last year, Redhill Biopharma posted EPS of $0.04 on sales of $20.90 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 report earnings in line when it publishes results Thursday, earnings would be down 400.0%. Revenue would be up 19.72% on a year-over-year basis. In comparison to analyst estimates in the past, here is how the company's reported EPS stacks up: Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020EPS Estimate -0.34 -0.24 -0.16 -0.07EPS Actual -0.05 -0.07 -0.05 -0.04Revenue Estimate 22.70 M 26.03 M 25.37 M 22.99 MRevenue Actual 20.57 M 21.46 M 20.94 M 20.90 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 Redhill Biopharma were trading at $7.59 as of August 24. Over the last 52-week period, shares are down 2.49%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

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