Earnings Preview: Constellium
Portfolio Pulse from Benzinga Insights
Constellium (NYSE:CSTM) is scheduled to release its quarterly earnings report on February 21, 2024, with an expected EPS of $0.32. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Constellium's past earnings performance shows a pattern of beating EPS estimates, leading to positive stock price movements. The company's shares have seen a 17.58% increase over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.
February 20, 2024 | 5:01 pm
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Constellium is expected to report an EPS of $0.32 for the upcoming quarter, with historical data showing positive stock price movements post-earnings announcements. The company's shares have increased by 17.58% over the last 52 weeks.
Given Constellium's history of beating EPS estimates and the subsequent positive stock price reactions, there is a strong likelihood of a positive short-term impact on CSTM's stock price if the company beats the EPS estimate again and provides favorable guidance. The 17.58% year-over-year stock increase further supports a bullish sentiment among investors.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100