Earnings Outlook For M.D.C. Holdings
Portfolio Pulse from Benzinga Insights
M.D.C. Holdings (NYSE:MDC) is expected to release its quarterly earnings report on January 30, 2024. Analysts predict an EPS of $1.49. Investors will be looking for an earnings beat and positive guidance for future growth. Historically, MDC's stock price has shown mixed reactions to earnings reports, with minor fluctuations regardless of beats or misses. Over the past year, MDC shares have increased by 65.97%, indicating a bullish sentiment among long-term shareholders.
January 29, 2024 | 5:01 pm
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M.D.C. Holdings is anticipated to report an EPS of $1.49 in its upcoming earnings, with investors focusing on potential earnings beats and future guidance. The stock has risen 65.97% over the last year, showing a strong bullish trend.
Given the positive historical performance of MDC's stock after earnings reports and the overall 65.97% increase over the past year, there is a bullish sentiment that could lead to a short-term price increase, especially if the company beats the EPS estimate and provides favorable future guidance. However, the stock's past minor fluctuations post-earnings suggest that even with a beat, the price movement may not be significant.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100