Earnings Outlook For WD-40
Portfolio Pulse from Benzinga Insights
WD-40 (NASDAQ:WDFC) is expected to release its quarterly earnings report on January 9, 2024, with analysts predicting an EPS of $1.05. Investors are looking for an earnings beat and positive guidance for future growth. The company's stock performance has been strong, with shares up 43.49% over the last 52 weeks. Last quarter, WD-40 met the EPS estimate, resulting in a slight 0.39% drop in share price the following day.
January 08, 2024 | 2:01 pm
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WD-40 is anticipated to report an EPS of $1.05 in its upcoming earnings release, with investors focusing on potential earnings beat and future guidance. The stock has seen a 43.49% increase over the past year, indicating a positive trend.
Given the positive stock performance over the past year and the focus on earnings guidance, a beat on the EPS estimate or positive future guidance could lead to a short-term increase in stock price. However, the exact impact will depend on the actual earnings results and the nature of the guidance provided.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100