Earnings Outlook For Johnson Outdoors
Portfolio Pulse from Benzinga Insights
Johnson Outdoors (NASDAQ:JOUT) is expected to release its quarterly earnings report on Friday, 2023-12-08, with an estimated EPS of $-0.32. Investors are looking for an earnings beat and positive guidance for future growth. Historically, JOUT's stock price has shown mixed reactions to past earnings results. The stock is currently trading at $53.72, down 21.0% over the last 52 weeks. The upcoming earnings report could influence the stock's performance, especially if the company's financial results or guidance differ from market expectations.
December 07, 2023 | 2:00 pm
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NEUTRAL IMPACT
Johnson Outdoors is anticipated to report a quarterly EPS of $-0.32. Past earnings have led to varied stock price reactions. With shares down 21% over the past year, the upcoming report could be a pivotal moment for investor sentiment.
The estimated EPS suggests a potential earnings miss, which could negatively impact the stock. However, historical data shows that the actual price movement post-earnings can be unpredictable. The stock's current downtrend indicates a bearish sentiment, but positive guidance could reverse this trend. The score is neutral due to the uncertainty of market reaction to earnings reports.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100