Earnings Preview For Graham
Portfolio Pulse from Benzinga Insights
Graham (NYSE:GHM) is scheduled to release its quarterly earnings report on February 5, 2024, with analysts expecting an EPS of $-0.03. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter beating EPS estimates by $0.17 but resulting in a 2.05% drop in share price the following day. Shares of Graham have increased by 66.72% over the last 52 weeks, indicating a generally positive sentiment among long-term shareholders ahead of the earnings announcement.
February 02, 2024 | 5:01 pm
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NEUTRAL IMPACT
Graham is expected to report an EPS of $-0.03 for the upcoming quarter. Historical data shows variable stock price reactions to past earnings, with a significant 66.72% increase in share price over the last year.
The expected EPS of $-0.03 indicates a cautious outlook, but Graham's history of beating EPS estimates could suggest potential for a positive surprise. However, the mixed reactions to past earnings, including a drop after a beat last quarter, make the short-term impact uncertain. The significant year-over-year share price increase reflects strong long-term investor confidence, which may mitigate any negative short-term reactions to the earnings report.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100