Earnings Outlook For Berry Corp
Portfolio Pulse from Benzinga Insights
Berry Corp (NASDAQ:BRY) is scheduled to release its quarterly earnings report on March 6, 2024, with analysts expecting an EPS of $0.24. The company's past earnings performance shows mixed results, with a miss last quarter but a subsequent 1.31% increase in share price. Over the last year, BRY shares have declined by 26.11%, indicating potential concern among long-term shareholders. Investors will be keenly watching for not only the earnings results but also the company's guidance for future growth.
March 05, 2024 | 3:03 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Berry Corp is expected to announce an EPS of $0.24 in its upcoming earnings report, with past performance showing a mix of misses and gains. Shares have fallen 26.11% over the last year, indicating potential volatility around the earnings release.
Given Berry Corp's mixed historical earnings performance and the significant decline in share price over the past year, the upcoming earnings report and particularly the company's future guidance will be critical for investors. The expectation of an EPS of $0.24 sets a benchmark for performance, but the company's forward-looking statements will likely have a more pronounced impact on short-term stock movement. The mixed historical performance suggests potential volatility, but without clear directional indicators, a neutral impact score is appropriate.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100