Earnings Preview For Mohawk Industries
Portfolio Pulse from Benzinga Insights
Mohawk Industries (NYSE:MHK) is set to release its quarterly earnings report on July 27, 2023. Analysts estimate an earnings per share (EPS) of $2.65. The company's past performance shows a trend of beating EPS estimates, which has often led to an increase in share price. However, the stock has been on a downward trend over the last 52-week period, with shares down 15.85%.
July 26, 2023 | 5:03 pm
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Mohawk Industries is expected to report an EPS of $2.65 in its upcoming earnings report. The company has a history of beating EPS estimates, which could potentially lead to a short-term increase in share price. However, the stock has been on a downward trend, with shares down 15.85% over the last 52 weeks.
Mohawk Industries has a history of beating EPS estimates, which has often led to a short-term increase in share price. However, the stock has been on a downward trend over the last 52 weeks, which could make investors cautious. The upcoming earnings report and the company's guidance for the next quarter will be crucial in determining the short-term price direction.
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