Ameris's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Ameris (NASDAQ:ABCB) is expected to release its quarterly earnings report on Thursday, 2024-01-25, with analysts predicting an EPS of $1.10. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Ameris's stock price has shown mixed reactions to earnings reports, with slight decreases following beats and misses. The stock is currently trading at $52.5, up 14.17% over the last year, indicating a bullish sentiment among long-term shareholders.
January 24, 2024 | 6:02 pm
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NEUTRAL IMPACT
Ameris is anticipated to report quarterly earnings with an expected EPS of $1.10. Historical data shows minor stock price fluctuations post-earnings release. The stock has risen 14.17% over the past year, suggesting a positive outlook from long-term investors.
The expected EPS of $1.10 sets a benchmark for Ameris's performance. Historical data indicates that the stock price may not significantly react to the earnings report itself but could be influenced by the forward guidance provided. The positive long-term performance may buffer any negative short-term reactions. However, given the mixed historical price changes, the short-term impact is uncertain, hence a neutral score.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100