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Preview: SharpSpring's Earnings

Author: Benzinga Insights | August 11, 2021 10:49am

SharpSpring (NASDAQ:SHSP) announces its next round of earnings this Thursday, August 12. Here is Benzinga's everything-that-matters guide for this Thursday's Q2 earnings announcement.

Net Income, Earnings, 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 SharpSpring reporting a quarterly loss of $-0.22 per share on sales of $8.29 million. In the same quarter last year, SharpSpring reported a loss per share of $0.03 on sales of $7.27 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.

If the company were to match the consensus estimate when it reports Thursday, earnings would be down 633.33%. Sales would be up 14.01% from the same quarter last year. SharpSpring's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020
EPS Estimate -0.20 -0.13 -0.03 -0.11
EPS Actual -0.14 -0.09 -0.06 -0.03
Revenue Estimate 7.90 M 7.61 M 7.53 M 7.26 M
Revenue Actual 7.99 M 7.66 M 7.31 M 7.27 M

eps graph

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 SharpSpring were trading at $17.01 as of August 10. Over the last 52-week period, shares are up 83.05%. 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. SharpSpring is scheduled to hold the call at 16:30:00 ET and can be accessed here.

Posted In: SHSP