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iMedia Brands's Earnings: A Preview

IMBI) will release its latest earnings report. Check out Benzinga’s preview to understand the implications.

Earnings and Revenue

Sell-side analysts are expecting iMedia Brands’s loss per share to be near $0.7 on sales of $111.99 million. iMedia Brands’s loss in the same period a year ago was $0.07 per share. Quarterly sales came in at $131.50 million. The analyst consensus estimate would represent a 900.0% decline in the company’s EPS figure. Sales would be down 14.84% from the same quarter last year. iMedia Brands’s reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate -1.33 -0.63 -0.06 -0.19
EPS Actual -0.77 -2.30 -0.09 -0.07
Revenue Estimate 87.70 M 137.40 M 118.33 M 129.61 M
Revenue Actual 95.83 M 123.64 M 115.16 M 131.50 M

Stock Performance

Over the last 52-week period, shares of iMedia Brands are up 16.23%.

View more earnings on IMBI” data-reactid=”23″>View more earnings on IMBI

Given these returns, long-term shareholders are probably less than satisfied going into this earnings release.

https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.imediabrands.com%2Fevents-and-presentations%2Fdefault.aspx&eventid=2395586&sessionid=1&key=3F6061572BC097AC5A2F1796AB573B10&regTag=&sourcepage=register” data-reactid=”25″>Don’t be surprised to see the stock move on comments made during its conference call. iMedia Brands is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.imediabrands.com%2Fevents-and-presentations%2Fdefault.aspx&eventid=2395586&sessionid=1&key=3F6061572BC097AC5A2F1796AB573B10&regTag=&sourcepage=register

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