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|
|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|
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®Tag=&sourcepage=register
View Article Origin Here