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OFS Capital's Earnings: A Preview

OFS Capital (NASDAQ:OFS) unveils its next round of earnings this Tuesday, May 11. Here is Benzinga's everything-that-matters guide for the earnings announcement.

05/10/2021 10:08

OFS Capital (NASDAQ:OFS) unveils its next round of earnings this Tuesday, May 11. Here is Benzinga's everything-that-matters guide for the 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

Analysts covering OFS Capital modeled for quarterly EPS of $0.19 on revenue of $10.78 million. OFS Capital EPS in the same period a year ago totaled $0.3. Revenue was $12.87 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.

If the company were to match the consensus estimate when it reports Tuesday, earnings would be down 36.67%. Revenue would be down 16.24% from the year-ago period. Here is how the OFS Capital's reported EPS has stacked up against analyst estimates in the past:

Quarter Q4 2021 Q3 2020 Q2 2020 Q1 2020
EPS Estimate 0.20 0.2 0.20 0.32
EPS Actual 0.22 0.2 0.19 0.30
Revenue Estimate 10.83 M 10.76 M 11.67 M 13.04 M
Revenue Actual 11.14 M 10.49 M 10.98 M 12.87 M

eps graph

Stock Performance

Over the last 52-week period, shares of OFS Capital are up 107.06%.

Do not be surprised to see the stock move on comments made during its conference call. OFS Capital is scheduled to hold the call at 10:00:00 ET and can be accessed here.