Preview: Norsk Hydro's Earnings
Portfolio Pulse from Benzinga Insights
Norsk Hydro (OTC:NHYDY) is set to release its quarterly earnings report on Tuesday, 2023-10-24. Analysts estimate an earnings per share (EPS) of $0.08. The company's past performance shows a trend of beating EPS estimates but this has not always led to a positive impact on the share price. The stock is currently trading at $5.23, down 17.87% over the last 52-week period.
October 23, 2023 | 2:01 pm
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NEUTRAL IMPACT
Norsk Hydro's upcoming earnings report could impact its stock price. Despite past EPS beats, the share price has not consistently increased. The stock is currently down 17.87% over the last 52 weeks.
Norsk Hydro's earnings report is a key event that could influence its stock price. While the company has a history of beating EPS estimates, this has not always translated into a positive impact on the share price. Given the stock's negative performance over the past year, the upcoming earnings report could be particularly significant for investors.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100