Jerash Holdings (US)'s Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Jerash Holdings (US) (NASDAQ:JRSH) is scheduled to release its quarterly earnings report on Monday, 2023-11-13, with analysts expecting an EPS of $0.07. Investors are looking for an earnings beat and positive guidance for future growth. Historically, the company's stock price has been sensitive to earnings performance and guidance rather than just earnings beats or misses. Last quarter, Jerash Holdings beat EPS estimates but saw a 10.03% drop in share price the following day. Over the last year, the stock has declined by 25.38%.
November 10, 2023 | 5:02 pm
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Jerash Holdings is expected to report an EPS of $0.07 in its upcoming earnings release, with investors focusing on earnings performance and future guidance. The stock has experienced significant volatility post-earnings in the past and is currently down 25.38% over the last 52 weeks.
The expected EPS is a key figure that investors will be watching, but the company's guidance for future quarters will likely have a greater impact on the stock's short-term price movement. Given the stock's past volatility after earnings reports and the overall negative trend over the past year, the short-term impact is uncertain and could go either way depending on whether the company meets or exceeds expectations and provides positive or negative guidance.
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