A Preview Of Acme United's Earnings
Portfolio Pulse from Benzinga Insights
Acme United (AMEX:ACU) is scheduled to release its quarterly earnings report on 2024-03-01, with analysts expecting an EPS of $0.55. The company's past earnings performance shows a mix of beats and misses, with the stock price generally reacting positively the following day. Shares are currently trading at $46.45, up 84.93% over the last 52 weeks, indicating a bullish sentiment among long-term shareholders ahead of the earnings announcement.
February 29, 2024 | 3:00 pm
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POSITIVE IMPACT
Acme United is expected to report an EPS of $0.55 for the upcoming quarter. Historical data shows positive stock price movement post-earnings, with a significant 84.93% increase over the last year.
Given Acme United's historical performance, where the stock price generally increased following earnings announcements, and the bullish sentiment indicated by an 84.93% increase over the last year, it's likely that the stock will continue to perform well in the short term, especially if the company beats the EPS estimate or provides positive guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100