A Preview Of Ethan Allen Interiors's Earnings
Portfolio Pulse from Benzinga Insights
Ethan Allen Interiors (NYSE:ETD) is expected to release its quarterly earnings report on January 24, 2024, with an estimated EPS of $0.76. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, the company's stock price has been sensitive to earnings performance and guidance. Last quarter, ETD missed the EPS estimate by $0.09, resulting in a 9.31% share price drop the following day. Over the last 52 weeks, ETD shares have increased by 7.52%, trading at $29.88 as of January 22.
January 23, 2024 | 4:02 pm
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NEUTRAL IMPACT
Ethan Allen Interiors is anticipated to report quarterly earnings with investors focused on whether it will surpass the estimated EPS of $0.76 and provide positive future guidance. Historical data shows significant stock price movement post-earnings.
The short-term impact on ETD's stock price will likely hinge on whether the company beats the earnings estimate and provides favorable guidance. Given the historical sensitivity of the stock to earnings reports, a beat or miss could lead to significant price movement. However, the score is neutral (0) because the direction of the impact cannot be determined without the actual earnings results and guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100