Select Interior Concepts, Inc. (NASDAQ:SIC) Expected to Announce Earnings of $0.02 Per Share

Wall Street analysts expect that Select Interior Concepts, Inc. (NASDAQ:SIC) will post $0.02 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Select Interior Concepts’ earnings. Select Interior Concepts posted earnings per share of $0.13 in the same quarter last year, which would indicate a negative year over year growth rate of 84.6{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c}. The business is expected to issue its next earnings report on Thursday, March 11th.

On average, analysts expect that Select Interior Concepts will report full year earnings of ($0.24) per share for the current fiscal year. For the next fiscal year, analysts forecast that the company will report earnings of $0.35 per share. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that that provide coverage for Select Interior Concepts.

Select Interior Concepts (NASDAQ:SIC) last issued its earnings results on Thursday, November 5th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). The company had revenue of $150.05 million for the quarter, compared to analyst estimates of $142.20 million. Select Interior Concepts had a negative net margin of 0.61{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} and a negative return

Read More

KKR Real Estate Finance Trust Inc. Announces Adoption of Distributable Earnings Performance Metric

Press release content from Business Wire. The AP news staff was not involved in its creation.


KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE:KREF) today announced that, based on recent guidance from the Securities and Exchange Commission, commencing with its fourth quarter 2020 earnings release and Annual Report on Form 10-K for the fiscal year ended December 31, 2020 and for subsequent reporting periods, the Company has elected to present Distributable Earnings, a measure that is not prepared in accordance with GAAP, as a supplement to KREF’s GAAP net income reporting. The Company believes this metric will be a useful indicator for investors in evaluating the Company’s operating performance and its ability to pay dividends. Distributable Earnings will replace the Company’s prior presentation of Core Earnings, and Core Earnings presentations from prior reporting periods will be recast as Distributable Earnings and will be accompanied by relevant disclosures, including the Company’s policy of realizing loan losses through Distributable Earnings.

The Company defines Distributable Earnings as net income (loss) attributable to its stockholders or, without duplication, owners of its subsidiaries, computed in accordance with GAAP, including realized losses not otherwise

Read More

Q4 Earnings Scorecard and Analyst Reports for Home Depot, BHP & McDonald’s

Tuesday, January 19, 2021

The Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features an update on the ongoing Q4 earnings season and new research reports on 16 major stocks, including Home Depot (HD), BHP Group (BHP) and McDonald’s (MCD). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of today’s research reports here >>>

Q4 Earnings Season Scorecard

We are off to a very good start in the Q4 earnings season, with an above average proportion of companies beating consensus estimates and the outlook for the coming periods steadily improving. Total earnings or aggregate net income for the 33 S&P 500 companies that have reported Q4 results already are up +8.5{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} from the same period last year on +1.3{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} higher revenues, with a very high 97{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} beating EPS estimates and 75.8{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} beating revenue estimates.

This is a notably better performance relative to what we saw from the same group of 33 index members in the first three quarters of 2020.

For the Finance sector, which has been dominating the early reporting cycle, total Q4

Read More