Cemtrex's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Cemtrex (NASDAQ:CETX) is scheduled to release its quarterly earnings report on Thursday, 2023-12-21, with analysts expecting an EPS of $-3.59. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, Cemtrex's stock price has been sensitive to earnings performance, with significant price changes following past earnings reports. The stock has risen 72.7% over the last 52 weeks and was trading at $5.6516 as of December 18.
December 20, 2023 | 2:01 pm
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NEUTRAL IMPACT
Cemtrex is expected to report a quarterly EPS of $-3.59 and investors are anticipating an earnings beat and positive future guidance. The stock has historically reacted to earnings reports with significant price changes.
The expected EPS is a significant indicator of the company's performance, and the historical data shows that the stock price is highly reactive to earnings reports. However, the score is neutral (0) because the actual impact will depend on whether the company beats or misses the EPS estimate and the nature of the guidance provided.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100