Enhabit's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Enhabit (NYSE:EHAB) is scheduled to release its quarterly earnings report on March 6, 2024, with analysts expecting an EPS of $0.03. The company's past earnings performance shows a mixed record of beating and missing EPS estimates, leading to varied stock price reactions. Shares of Enhabit were trading at $8.22 as of March 4, reflecting a 41.09% decline over the last 52 weeks. Investors are particularly focused on the company's guidance for future growth.
March 05, 2024 | 5:01 pm
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Enhabit is expected to report an EPS of $0.03 for the upcoming quarter. Past earnings have shown mixed results, with the stock price reacting variably. Currently, shares are down 41.09% over the last year.
Given Enhabit's mixed history of beating and missing EPS estimates, the short-term impact on EHAB's stock price is uncertain. However, the emphasis on future guidance could sway investor sentiment. The stock's recent performance indicates a bearish trend, but positive guidance could potentially reverse this sentiment in the short term.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100