Preview: Black Stone Minerals's Earnings
Portfolio Pulse from Benzinga Insights
Black Stone Minerals (NYSE:BSM) is set to release its quarterly earnings report on July 31, 2023. Analysts estimate an EPS of $0.40. The company's stock price often reacts more to the guidance provided than the earnings beat or miss. Last quarter, the company beat EPS by $0.16, resulting in a 6.89% drop in share price the next day. The stock is currently trading at $17.23, up 14.95% over the last 52-week period.
July 28, 2023 | 3:03 pm
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Black Stone Minerals is expected to report an EPS of $0.40 in its upcoming earnings. The company's stock price often reacts more to the guidance provided than the earnings beat or miss. Last quarter, the company beat EPS by $0.16, resulting in a 6.89% drop in share price the next day.
The company's stock price often reacts more to the guidance provided than the earnings beat or miss. Last quarter, despite beating the EPS estimate, the company's share price dropped by 6.89%. Therefore, the upcoming earnings report and the guidance provided could have a significant impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100