Earnings Preview For Global Water Resources
Portfolio Pulse from Benzinga Insights
Global Water Resources (NASDAQ:GWRS) is scheduled to release its quarterly earnings report on March 6, 2024. Analysts predict an EPS of $0.05. The company's past performance shows a history of beating EPS estimates, which has sometimes led to positive stock price movements. Shares are currently trading at $13.05, with a 3.47% increase over the last 52 weeks. Investors are looking for not only an earnings beat but also positive guidance for future growth.
March 05, 2024 | 7:03 pm
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Global Water Resources is expected to report an EPS of $0.05 for the upcoming quarter. Historical data shows positive stock movement following earnings beats.
Given GWRS's history of beating EPS estimates and the subsequent positive stock price movements, a similar outcome could be expected if the company beats the EPS estimate again and provides positive future guidance. The stock has shown to react positively to earnings beats in the past, and with shares currently up 3.47% YTD, investor sentiment appears bullish.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100