Benzinga | Oct 28, 2020 10:09AM EDT

Earnings Outlook For CURO Group Holdings

On Thursday, October 29, CURO Group Holdings (NYSE: CURO) will release its latest earnings report. Decipher the announcement with Benzinga's help.

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

CURO Group Holdings EPS will likely be near $0.13 while revenue will be around $189.29 million, according to analysts. In the same quarter last year, CURO Group Holdings reported EPS of $0.71 on revenue of $297.26 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.

The analyst consensus estimate would represent a 81.69% decline in the company's EPS figure. Revenue would have fallen 36.32% from the same quarter last year. Here is how the company's reported EPS has compared to analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019EPS Estimate 0.39 0.81 0.78 0.58EPS Actual 0.53 0.77 0.80 0.71Revenue Estimate 209.39 M 282.59 M 304.33 M 296.88 MRevenue Actual 182.51 M 280.81 M 302.29 M 297.26 M

Stock Performance

Over the past 52-week period, shares of CURO Group Holdings have declined 44.17%.

Do not be surprised to see the stock move on comments made during its conference call. CURO Group Holdings is scheduled to hold the call at 08:15:00 ET and can be accessed here.