Earnings Preview For Natural Gas Services Gr
Portfolio Pulse from Benzinga Insights
Natural Gas Services Gr (NYSE:NGS) is expected to release its quarterly earnings report on Tuesday, 2023-11-14, with analysts estimating an EPS of $0.07. Investors are looking for an earnings beat and positive guidance for future growth. Historically, NGS's stock price has been sensitive to earnings performance and guidance. Last quarter, NGS beat the EPS estimate by $0.12, resulting in a 3.96% stock price increase the following day. Over the last year, NGS shares have risen by 26.64%, indicating a bullish sentiment among long-term shareholders.
November 13, 2023 | 3:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Natural Gas Services Gr is anticipated to release its quarterly earnings with an EPS estimate of $0.07. Positive earnings history suggests potential for a stock price increase if the company beats estimates and provides favorable guidance.
Given NGS's history of stock price increases following an earnings beat, and considering the positive 52-week performance, there is a high likelihood of a positive short-term impact if the company reports favorable earnings and guidance. However, the market's reaction can be unpredictable, and external factors could also influence the stock's movement.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100