Earnings Preview: Ecopetrol
Portfolio Pulse from Benzinga Insights
Ecopetrol (NYSE:EC) is set to release its latest quarterly earnings report on November 7, 2023. Analysts estimate an earnings per share (EPS) of $0.53. The company's past performance shows a mixed trend of beating and missing EPS estimates, which has led to varying impacts on the share price. The stock is currently trading at $12.36 and has seen a 21.06% increase over the last 52-week period.
November 06, 2023 | 2:01 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Ecopetrol's upcoming earnings report could impact its stock price. The company's past performance shows a mixed trend of beating and missing EPS estimates, which has led to varying impacts on the share price.
Ecopetrol's stock price has shown to be sensitive to its earnings reports. In the past, missing EPS estimates has led to a drop in the share price, while beating estimates has sometimes led to an increase. Given this, the upcoming earnings report could have a significant impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100