Northwest Natural Hldg's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Northwest Natural Hldg (NYSE:NWN) is scheduled to release its quarterly earnings report on February 23, 2024, with an estimated EPS of $1.27. Analysts and investors are looking for an earnings beat and positive guidance for future growth. The company's past earnings performance shows mixed results with minor EPS beats and subsequent varied stock price reactions. Currently, NWN shares are trading at $38.87, marking an 18.31% decline over the last year, indicating a bearish sentiment among long-term shareholders.
February 22, 2024 | 2:01 pm
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Northwest Natural Hldg is expected to report an EPS of $1.27 for the upcoming quarter. Past performance shows minor EPS beats but mixed stock price reactions. Shares have declined 18.31% over the last year, reflecting bearish sentiment.
Given NWN's history of minor EPS beats and the subsequent mixed stock price reactions, the short-term impact of the upcoming earnings report is uncertain. The stock's 18.31% decline over the past year indicates a bearish sentiment, which might temper any positive reaction to an earnings beat unless accompanied by strong future guidance. However, the exact impact will depend on the actual earnings results and the nature of the guidance provided.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100