Cactus's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Cactus (NYSE:WHD) is set to release its latest quarterly earnings report on November 8, 2023. Analysts estimate an earnings per share (EPS) of $0.84. The company's past performance shows a pattern of beating EPS estimates, which has sometimes led to an increase in share price. However, the stock has been down 16.98% over the last 52-week period.
November 07, 2023 | 3:01 pm
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Cactus is expected to report an EPS of $0.84 in its upcoming earnings. The company has a history of beating EPS estimates, which has sometimes led to a share price increase. However, the stock has been down 16.98% over the last year.
The upcoming earnings report is highly relevant to Cactus's stock. While the company has a history of beating EPS estimates, which can positively impact the stock price, the overall trend for the stock has been negative over the past year. This could indicate investor skepticism about the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100