Earnings Outlook For RF Industries
Portfolio Pulse from Benzinga Insights
RF Industries (NASDAQ:RFIL) is expected to release its quarterly earnings report on Tuesday, 2024-01-23, with an estimated EPS of $-0.04. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, RFIL's stock price has been sensitive to earnings performance and guidance. Last quarter, RFIL missed EPS estimates by $0.16, resulting in a 21.89% share price drop. Over the last year, RFIL shares have declined by 42.33%, indicating bearish sentiment among long-term shareholders.
January 22, 2024 | 5:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
RF Industries is anticipated to report a quarterly EPS of $-0.04. Investors are focused on earnings results and future guidance. Past earnings misses have led to significant stock price declines, with a 42.33% decrease over the past year.
Given RFIL's history of stock price declines following earnings misses and the overall negative performance over the past year, there is a higher likelihood of a negative short-term impact on the stock price if the company fails to meet or exceed the earnings estimate and provide positive guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100