Benzinga | Mar 1, 2021 10:14AM EST

Antares Pharma's Earnings: A Preview

Antares Pharma (NASDAQ:ATRS) releases its next round of earnings this Tuesday, March 02. Get the latest predictions in Benzinga's essential guide to the company'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

Wall Street expects EPS of $0.03 and sales around $40.75 million. Antares Pharma earnings in the same period a year ago was $0.03 per share. Quarterly sales came in at $37.84 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 analyst consensus estimate would represent 0% change in company's EPS figure. Revenue would be have grown 7.69% from the same quarter last year. The company's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020EPS Estimate 0.02 0 0 0EPS Actual 0.03 0.01 -0.01 0.03Revenue Estimate 35.67 M 30.38 M 30.78 M 32.28 MRevenue Actual 40.00 M 32.38 M 33.08 M 37.84 M

Stock Performance

Shares of Antares Pharma were trading at $4.25 as of February 26. Over the last 52-week period, shares are up 42.77%. 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. Antares Pharma is scheduled to hold the call at 08:30:00 ET and can be accessed here.