Earnings Outlook For Rocky Brands
Portfolio Pulse from Benzinga Insights
Rocky Brands (NASDAQ:RCKY) is anticipated to release its quarterly earnings report on 2024-02-28, with analysts estimating an EPS of $0.98. Historical data shows significant share price movements post-earnings announcements, with a notable 43.73% increase after last quarter's earnings beat. Shares are currently trading at $30.76, reflecting a 14.32% increase over the last 52 weeks. Investors are keen on both the earnings outcome and the company's future guidance.
February 27, 2024 | 8:01 pm
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Rocky Brands is expected to report quarterly earnings with an anticipated EPS of $0.98. Historical performance indicates potential for significant share price movement post-announcement.
Given Rocky Brands' history of share price increases following earnings beats, and considering the positive 14.32% YTD performance, there's a strong likelihood of a positive short-term impact on RCKY's stock price if the company meets or exceeds the EPS estimate and provides favorable future guidance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100