Earnings Outlook For VOXX International
Portfolio Pulse from Benzinga Insights
VOXX International (NASDAQ:VOXX) is expected to release its quarterly earnings report on January 9, 2024, with an estimated EPS of $-0.10. Investors are looking for an earnings beat and positive guidance for future growth. Historically, VOXX's stock price has been sensitive to earnings performance and guidance. Last quarter, the company missed EPS estimates by $0.09, yet the stock increased by 21.05% the following day. Over the last 52 weeks, VOXX shares have slightly increased by 0.32%, trading at $9.51 as of January 4.
January 08, 2024 | 2:01 pm
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NEUTRAL IMPACT
VOXX International is anticipated to release its quarterly earnings with a focus on whether it will surpass the expected EPS of $-0.10 and provide positive future guidance. The stock has shown volatility post-earnings, with a significant increase last quarter despite an EPS miss.
The impact on VOXX's stock price in the short term is uncertain and could be neutral. While the company's historical performance shows sensitivity to earnings reports, the stock has experienced both increases and decreases regardless of meeting or missing EPS estimates. The last quarter's increase in stock price despite an EPS miss suggests that guidance and other factors may play a more significant role in influencing investor sentiment and stock price movements.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100