A Preview Of StealthGas's Earnings
Portfolio Pulse from Benzinga Insights
StealthGas (NASDAQ:GASS) is scheduled to release its quarterly earnings report on February 21, 2024, with analysts estimating an EPS of $0.30. Historical data shows that the company's stock price reacts more significantly to guidance than to earnings beats or misses. Last quarter, StealthGas beat the EPS estimate by $0.01, leading to a 10.76% increase in share price the following day. Over the last year, GASS shares have risen by 146.54%, indicating a bullish sentiment among long-term shareholders.
February 20, 2024 | 8:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
StealthGas is expected to report an EPS of $0.30 for the upcoming quarter. Historical performance indicates potential positive movement in stock price following the earnings announcement, especially if the company provides favorable guidance.
Given StealthGas's history of stock price increases following earnings beats and positive guidance, there's a strong likelihood of a positive short-term impact on GASS shares if the company meets or exceeds the EPS estimate and provides optimistic future guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100