Earnings Preview For LSI Industries
Portfolio Pulse from Benzinga Insights
LSI Industries (NASDAQ:LYTS) is scheduled to release its quarterly earnings report on Thursday, 2024-01-25, with an estimated EPS of $0.17. Investors are looking for an earnings beat and positive guidance for future growth. Historically, LSI's stock price has shown volatility post-earnings, with a 14.7% drop after last quarter's beat. Shares are currently trading at $13.63, down 8.88% over the last 52 weeks, indicating potential investor concern.
January 24, 2024 | 7:01 pm
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LSI Industries is expected to report an EPS of $0.17 for the latest quarter. Historical data shows significant stock price movement post-earnings, with a 14.7% drop last quarter despite an EPS beat. Shares are down 8.88% over the past year, which may reflect investor sentiment.
The short-term impact on LYTS stock price could be neutral to positive if the company beats the EPS estimate and provides favorable guidance. However, historical performance shows that even with an earnings beat, the stock has experienced significant drops. The current downward trend in the stock price over the past year may also temper any positive reaction to the earnings report.
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