Williams-Sonoma's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Williams-Sonoma (NYSE:WSM) is anticipated to report a quarterly EPS of $5.14 on March 13, 2024. Analysts and investors are keen on whether the company will surpass this estimate and provide positive future guidance. Historical data shows a correlation between earnings performance and stock price movement. With a 102.98% increase in share price over the last year, expectations are high. Past quarters have seen varied reactions to earnings reports, with the most recent quarter resulting in a 4.32% stock price increase following an EPS beat.
March 12, 2024 | 2:00 pm
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Williams-Sonoma is expected to report a quarterly EPS of $5.14 on March 13, 2024. Investors are looking for an earnings beat and positive future guidance. The stock has seen a 102.98% increase over the last year, with past earnings beats often leading to stock price increases.
Given the historical performance where earnings beats have led to stock price increases, and considering the significant year-over-year stock appreciation, a positive earnings report and guidance could likely lead to a short-term stock price increase. The anticipation of beating the EPS estimate and providing favorable future guidance, as indicated by past trends, supports a positive outlook.
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