StoneX Group's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
StoneX Group (NASDAQ:SNEX) is scheduled to release its quarterly earnings report on February 6, 2024, with analysts expecting an EPS of $1.70. The company's performance in this report, especially in beating the EPS estimate and providing positive future guidance, will be crucial for investors. Historical data shows a miss in EPS last quarter led to a 5.58% drop in share price. Shares are currently trading at $65.61, reflecting a 9.25% increase over the last 52 weeks.
February 05, 2024 | 5:02 pm
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StoneX Group is anticipated to announce its quarterly earnings with an expected EPS of $1.70. The focus will be on whether it beats this estimate and provides positive future guidance. Last quarter's miss resulted in a 5.58% share price drop.
Given the historical impact of earnings reports on StoneX Group's stock price, especially following an EPS miss, the upcoming earnings report is highly relevant. A beat on the expected EPS of $1.70 and positive future guidance could significantly influence the stock price positively in the short term. The anticipation builds on the backdrop of a 9.25% increase in share price over the last 52 weeks, indicating a positive trend that could be bolstered by strong earnings performance.
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