Earnings Outlook For AssetMark Financial Hldgs
Portfolio Pulse from Benzinga Insights
AssetMark Financial Holdings (NYSE:AMK) is scheduled to release its quarterly earnings report on February 21, 2024. Analysts predict an EPS of $0.57. The company's past earnings performance shows a pattern of beating EPS estimates, leading to positive stock price movements. Shares are currently trading at $32.21, with a 21.51% increase over the last 52 weeks. Investors are optimistic but will focus on the company's guidance for future growth.
February 20, 2024 | 4:01 pm
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AssetMark Financial Holdings is expected to report an EPS of $0.57 for the upcoming quarter. Historical data shows positive stock movement following earnings beats. Currently trading at $32.21, the stock has seen a 21.51% increase over the past year.
Given AMK's history of beating EPS estimates and the subsequent positive stock price reactions, there's a strong likelihood of a positive short-term impact on AMK's stock price if they beat the EPS estimate again. The 21.51% year-to-date increase in stock price further supports investor optimism. However, the company's guidance for future quarters will be crucial in determining the stock's direction post-earnings announcement.
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