Olympic Steel Earnings Estimate

ZEUS -  USA Stock  

USD 25.26  0.20  0.79%

Many public companies, such as Olympic Steel, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Olympic Steel's earnings estimates, investors can diagnose different trends across Olympic Steel's analyst sentiment over time as well as compare current estimates against different timeframes.
Olympic Steel is projected to generate 8.72 in earnings per share on the 31st of December 2021. Olympic Steel earnings estimates module stress-tests analyst consensus about projected Olympic Steel EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Check out Your Current Watchlist.

Olympic Earnings Estimates 

 
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As of 10/21/2021, Gross Profit is likely to drop to about 191.7 M. In addition to that, Profit Margin is likely to drop to -0.46

Olympic Steel Earnings Estimation Breakdown

Calculation of earning per share of Olympic Steel is based on official Zacks consensus of 1 analysts regarding Olympic Steel future annual earnings. Given the historical accuracy of 59.24%, the future earnings per share of Olympic Steel is estimated to be 8.72 with the lowest and highest values of 8.59 and 8.85, respectively. Please note that this consensus of annual earnings estimates for Olympic Steel is an estimate of EPS before non-recurring items and including employee stock options expenses
Current EPS
1.38
21st of October 2021
8.59
Lowest
Estimated EPS
8.72
8.85
Highest

Olympic Steel Earnings Projection Consensus

Suppose the current estimates of Olympic Steel's value are higher than the current market price of the Olympic Steel stock. In this case, investors may conclude that Olympic Steel is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Olympic Steel's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2021

1

59.24%

1.38

8.72

Olympic Steel Earnings per Share Projection vs Actual

Actual Earning per Share of Olympic Steel refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Olympic Steel predict the company's earnings will be in the future. The higher the earnings per share of Olympic Steel, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Olympic Steel Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Olympic Steel, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Olympic Steel should always be considered in relation to other companies to make a more educated investment decision.

Olympic Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Olympic Steel's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2021-08-05
2021-06-302.012.840.8341 
2021-05-07
2021-03-311.2951.970.67552 
2021-02-25
2020-12-310.070.160.09128 
2020-11-05
2020-09-30-0.2-0.140.0630 
2020-08-06
2020-06-30-0.4-0.350.0512 
2020-05-01
2020-03-310.040.02-0.0250 
2020-02-21
2019-12-31-0.2-0.23-0.0315 
2019-11-08
2019-09-300.060.05-0.0116 
2019-08-01
2019-06-300.210.16-0.0523 
2019-05-02
2019-03-310.2150.18-0.03516 
2019-02-15
2018-12-310.170.14-0.0317 
2018-11-08
2018-09-300.831.190.3643 
2018-08-02
2018-06-301.261.490.2318 
2018-05-03
2018-03-310.680.70.02
2018-03-02
2017-12-310.11-0.04-0.15136 
2017-11-08
2017-09-300.10.240.14140 
2017-08-03
2017-06-300.4050.420.015
2017-04-28
2017-03-310.39610.510.113928 
2017-03-02
2016-12-31-0.2143-0.190.024311 
2016-11-03
2016-09-300.393-0.06-0.453115 
2016-08-02
2016-06-300.39260.32-0.072618 
2016-04-29
2016-03-31-0.1542-0.070.084254 
2016-02-25
2015-12-31-0.17-0.4199-0.2499147 
2015-11-05
2015-09-30-0.09-0.050.0444 
2015-08-06
2015-06-30-0.02-0.08-0.06300 
2015-05-01
2015-03-31-0.40.10.5125 
2015-02-26
2014-12-310.04-0.27-0.31775 
2014-11-06
2014-09-300.380.14-0.2463 
2014-08-07
2014-06-300.450.32-0.1328 
2014-04-30
2014-03-310.330.25-0.0824 
2014-02-27
2013-12-310.14-0.12-0.26185 
2013-10-31
2013-09-300.380.12-0.2668 
2013-08-09
2013-06-300.360.23-0.1336 
2013-05-03
2013-03-310.280.360.0828 
2013-02-21
2012-12-310.08-0.32-0.4500 
2012-11-08
2012-09-300.350.15-0.257 
2012-08-09
2012-06-300.520.41-0.1121 
2012-05-03
2012-03-310.540.570.03
2012-02-23
2011-12-310.270.270
2011-11-04
2011-09-300.410.450.04
2011-08-04
2011-06-300.750.780.03
2011-05-06
2011-03-310.380.940.56147 
2011-02-24
2010-12-310.03-0.15-0.18600 
2010-11-04
2010-09-300.190.01-0.1894 
2010-08-05
2010-06-300.460.3-0.1634 
2010-04-29
2010-03-310.180.16-0.0211 
2010-02-25
2009-12-310.09-0.24-0.33366 
2009-10-29
2009-09-300.240.06-0.1875 
2009-07-30
2009-06-30-0.29-3.11-2.82972 
2009-04-29
2009-03-31-1.33-2.34-1.0175 
2009-02-12
2008-12-310.180.07-0.1161 
2008-10-30
2008-09-301.652.210.5633 
2008-07-31
2008-06-301.942.70.7639 
2008-04-30
2008-03-310.951.210.2627 
2008-02-21
2007-12-310.490.42-0.0714 
2007-11-01
2007-09-300.630.56-0.0711 
2007-08-03
2007-06-300.990.88-0.1111 
2007-04-27
2007-03-310.470.490.02
2007-02-15
2006-12-310.390.35-0.0410 
2006-11-01
2006-09-300.941.030.09
2006-08-03
2006-06-300.880.890.01
2006-04-27
2006-03-310.630.760.1320 
2006-02-15
2005-12-310.720.7-0.02
2005-10-27
2005-09-300.150.210.0640 
2005-07-28
2005-06-300.240.290.0520 
2005-04-28
2005-03-310.90.920.02
2005-02-22
2004-12-311.151.170.02
2004-10-19
2004-09-301.751.80.05
2004-07-29
2004-06-300.951.820.8791 
2004-04-29
2004-03-310.31.110.81270 
2004-02-12
2003-12-310.080.02-0.0675 
2003-10-30
2003-09-30-0.02-0.010.0150 
2003-07-31
2003-06-30None-0.06None
2003-05-08
2003-03-31-0.15-0.050.166 
2003-03-27
2002-12-310.01-0.11-0.121200 
2002-10-31
2002-09-300.110.02-0.0981 
2002-08-01
2002-06-300.130.150.0215 
2002-04-25
2002-03-31-0.140.020.16114 
2002-02-14
2001-12-31-0.21-0.190.02
2001-10-25
2001-09-30-0.06-0.1-0.0466 
2001-07-26
2001-06-30-0.110.020.13118 
2001-04-26
2001-03-31-0.33-0.110.2266 
2001-02-02
2000-12-31-0.26-0.36-0.138 
2000-10-19
2000-09-30-0.39-0.370.02
2000-07-27
2000-06-300.020.020
2000-04-26
2000-03-310.090.150.0666 
2000-02-03
1999-12-31-0.08-0.1-0.0225 
1999-10-20
1999-09-300.090.08-0.0111 
1999-07-22
1999-06-300.190.20.01
1999-04-23
1999-03-310.10.120.0220 
1999-02-04
1998-12-310.010.010
1998-10-22
1998-09-30-0.04-0.030.0125 
1998-07-23
1998-06-300.220.19-0.0313 
1998-04-22
1998-03-310.20.210.01
1998-02-05
1997-12-310.180.230.0527 
1997-10-23
1997-09-300.150.160.01
1997-07-24
1997-06-300.250.250
1997-04-24
1997-03-310.240.23-0.01
1997-02-06
1996-12-310.270.280.01
1996-10-23
1996-09-300.350.360.01
1996-07-18
1996-06-300.420.50.0819 
1996-04-26
1996-03-310.330.380.0515 

About Olympic Steel Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Olympic Steel earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Olympic Steel estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Olympic Steel fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2021
Accumulated Retained Earnings Deficit114.6 M110.1 M
Earning Before Interest and Taxes EBIT-32.1 M-32.9 M
Earnings per Basic Share(0.49) (0.51) 
Earnings per Diluted Share(0.49) (0.51) 
Price to Earnings Ratio(4.36) (4.47) 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA18.4 M23 M
Earnings before Tax-38.6 M-39.6 M
Olympic Steel, Inc. processes and distributes metal products in the United States and internationally. Olympic Steel, Inc. was founded in 1954 and is based in Bedford Heights, Ohio. Olympic Steel operates under Steel classification in the United States and is traded on NASDAQ Exchange. It employs 1705 people.

Olympic Steel Investors Sentiment

The influence of Olympic Steel's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Olympic. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - ZEUS

Olympic Steel Investor Sentiment

Most of Macroaxis users are at this time bullish on Olympic Steel. What is your perspective on investing in Olympic Steel? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Check out Your Current Watchlist. Note that the Olympic Steel information on this page should be used as a complementary analysis to other Olympic Steel's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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The market value of Olympic Steel is measured differently than its book value, which is the value of Olympic that is recorded on the company's balance sheet. Investors also form their own opinion of Olympic Steel's value that differs from its market value or its book value, called intrinsic value, which is Olympic Steel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Olympic Steel's market value can be influenced by many factors that don't directly affect Olympic Steel underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Olympic Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine Olympic Steel value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Olympic Steel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.