Earnings Preview For Custom Truck One Source
Portfolio Pulse from Benzinga Insights
Custom Truck One Source (NYSE:CTOS) is scheduled to release its quarterly earnings report on March 7, 2024, with analysts expecting an EPS of $0.11. The company's past earnings performance shows a mixed record of beating and missing EPS estimates, with significant price changes following the announcements. Shares have declined by 8.85% over the last 52 weeks, indicating potential concern among long-term shareholders ahead of the earnings release.
March 06, 2024 | 4:01 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Custom Truck One Source is expected to report an EPS of $0.11 for the upcoming quarter. Historical performance shows volatility in stock price post-earnings, with a notable 18.17% drop last quarter after missing EPS estimates. Shares have been down 8.85% over the past year, indicating potential investor concern.
Given CTOS's history of price volatility post-earnings and the current downward trend in its stock price, the upcoming earnings report could maintain the stock's current trajectory or potentially reverse it, depending on whether they meet, miss, or exceed EPS estimates. The importance is high due to the potential for significant price movement, but confidence is not at maximum due to the unpredictable nature of market reactions to earnings reports.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100