Regis's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Regis (NYSE:RGS) is expected to release its quarterly earnings report on January 31, 2024, with an estimated EPS of $-1.19. Investors are looking for a beat on this estimate and positive guidance for future growth. Historically, Regis's stock price has been sensitive to earnings performance and guidance. Last quarter, Regis beat the EPS estimate by $2.20, resulting in a 4.27% stock price increase the following day. However, over the past 52 weeks, RGS shares have declined by 58.98%, indicating potential concern among long-term shareholders.
January 30, 2024 | 8:02 pm
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Regis is anticipated to report a quarterly EPS of $-1.19. A beat on this estimate and positive future guidance could positively impact the stock price, as seen last quarter with a 4.27% rise. However, the 58.98% decline over the past year may temper expectations.
The anticipation of Regis's earnings report and the potential for beating estimates could lead to a short-term positive impact on RGS's stock price, as historical data shows a correlation between earnings performance and stock price movement. The importance is high due to the significant past price changes following earnings reports. Confidence is not at the maximum because market reactions can be unpredictable and may also be influenced by external factors not mentioned in the article.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100