Earnings Preview: SpartanNash
Portfolio Pulse from Benzinga Insights
SpartanNash (NASDAQ:SPTN) is scheduled to release its quarterly earnings report on February 15, 2024, with an expected EPS of $0.38. Historical data shows mixed results in beating EPS estimates, with the last quarter missing by $0.04 but resulting in a 2.95% stock price increase the following day. Over the past year, SPTN shares have declined by 29.02%, indicating a bearish sentiment among long-term shareholders. Investors will be keenly watching for not only the earnings results but also the company's future guidance.
February 14, 2024 | 7:02 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
SpartanNash is expected to report an EPS of $0.38 for the upcoming quarter. Historical performance shows variability in meeting EPS estimates but positive stock price reactions. With a 29.02% decline over the past year, the earnings report and future guidance will be critical for investor sentiment.
Given SpartanNash's mixed historical earnings performance and the significant decline in share price over the past year, the upcoming earnings report is crucial. While past performance shows a positive reaction to earnings releases even when estimates are not met, the overall bearish sentiment and the importance of future guidance make the short-term impact uncertain. The score is neutral due to these conflicting factors.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100