Preview: Quaker Houghton's Earnings
Portfolio Pulse from Benzinga Insights
Quaker Houghton (NYSE:KWR) is anticipated to release its quarterly earnings report on 2024-02-29, with an expected EPS of $1.67. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historical data shows that Quaker Houghton has a track record of beating EPS estimates, which has previously led to significant share price movements. Currently, the stock is trading at $197.96, reflecting a 1.45% decline over the last 52 weeks.
February 28, 2024 | 3:02 pm
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Quaker Houghton is expected to report an EPS of $1.67 for the upcoming quarter. Historical performance suggests a potential for positive price movement if earnings beat expectations and positive guidance is provided.
Given Quaker Houghton's history of beating EPS estimates and the subsequent positive impact on its stock price, there is a high likelihood of a positive short-term price movement if the company beats the EPS estimate again and provides optimistic future guidance. However, the stock's recent performance indicates a slight bearish sentiment among long-term shareholders, which could temper the magnitude of any positive movement.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100