BlueLinx Hldgs's Earnings Outlook
Portfolio Pulse from Benzinga Insights
BlueLinx Hldgs (NYSE:BXC) is set to report its quarterly earnings on 2024-02-20, with an estimated EPS of $1.67. Historical data shows the company has a track record of beating EPS estimates, which has led to varying stock price reactions. Shares are currently trading at $122.45, up 42.84% over the last 52 weeks, indicating a positive outlook from long-term shareholders.
February 19, 2024 | 7:01 pm
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BlueLinx Hldgs is expected to report an EPS of $1.67 for the upcoming quarter. Historical performance shows positive reactions to earnings beats, with shares currently up 42.84% over the last year.
Given BlueLinx Hldgs's history of beating EPS estimates and the positive stock performance over the last year, it's likely that a favorable earnings report could lead to a short-term increase in stock price. The company's ability to exceed expectations and provide positive guidance could further bolster investor confidence.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100