Earnings Outlook For OneWater Marine
Portfolio Pulse from Benzinga Insights
OneWater Marine (NASDAQ:ONEW) is expected to release its quarterly earnings report on Thursday, 2023-11-16, with analysts estimating an EPS of $0.64. Investors are looking for an earnings beat and positive guidance for future growth. In the past, ONEW's stock price has shown varied reactions to earnings performance, with a slight increase after a miss last quarter. Shares are currently trading at $26.64, down 15.0% over the last 52 weeks, indicating potential concern among long-term shareholders ahead of the earnings release.
November 15, 2023 | 3:01 pm
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NEUTRAL IMPACT
OneWater Marine is anticipated to report quarterly earnings with an estimated EPS of $0.64. The stock has experienced a 15% decline over the past year, and investors are focused on earnings performance and future guidance.
The estimated EPS of $0.64 sets a benchmark for OneWater Marine's earnings report. Given the stock's past reactions to earnings and the 15% decline over the past year, the report could be a pivotal moment for investor sentiment. However, the actual impact on the stock price will depend on whether the company meets or exceeds expectations and provides positive guidance. The score is neutral (0) because the direction of the stock movement post-earnings is uncertain and can be influenced by multiple factors beyond just the EPS figure.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100