A Preview Of Associated Banc's Earnings
Portfolio Pulse from Benzinga Insights
Associated Banc (NYSE:ASB) is expected to report Q4 earnings with an EPS of $0.52 on January 25, 2024. Investors are looking for an earnings beat and positive guidance for future growth. Historically, ASB's stock price has reacted negatively to past earnings reports, even with an EPS beat last quarter. Shares are currently trading at $21.45, down 2.4% over the last year.
January 24, 2024 | 5:02 pm
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Associated Banc is anticipated to release its quarterly earnings with an expected EPS of $0.52. Investors are focused on both the earnings results and the company's future guidance. The stock has historically declined following earnings reports, despite slight EPS beats.
Given the historical negative reaction to earnings reports, even when beating EPS estimates, there is a likelihood of a short-term negative impact on ASB's stock price, especially if the company fails to provide strong future guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100