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(VOLT) – Earnings Preview for Volt Information Sciences

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Recap: Cantel Medical Q4 Earnings

Volt Information Sciences (AMEX:VOLT) releases its next round of earnings this Wednesday, January 13. Here is Benzinga’s essential guide to Volt Information Sciences’s Q4 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

Analysts predict Volt Information Sciences will report earnings of $0.01 per share on revenue of $205.50 million. Volt Information Sciences earnings in the same period a year ago was $0.04 per share. Quarterly sales came in at $258.41 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 Wall Street estimate would represent a 75.0% decline in the company’s earnings. Revenue would have fallen 20.47% from the same quarter last year. Here is how the company’s EPS has stacked up against analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020
EPS Estimate -0.21 -0.41 -0.26 -0.03
EPS Actual -0.09 -0.23 -0.45 0.04
Revenue Estimate 184.50 M 209.50 M 219.25 M 259.00 M
Revenue Actual 185.94 M 207.28 M 217.77 M 258.41 M

Stock Performance

Over the last 52-week period, shares are down 26.77%. Given that these returns are generally negative, long-term shareholders won’t be happy going into this earnings release.

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

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