Earnings Preview For RF Industries
Portfolio Pulse from Benzinga Insights
RF Industries (NASDAQ:RFIL) is scheduled to release its quarterly earnings report on March 18, 2024, with analysts expecting an EPS of $-0.06. The company's past earnings performance shows mixed results, with the last quarter beating estimates by $0.03 and a subsequent 1.66% increase in share price. However, over the last 52 weeks, RFIL shares have declined by 28.4%, indicating a bearish outlook among long-term shareholders. Investors will be keen on the company's guidance for future growth.
March 15, 2024 | 2:01 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
RF Industries is expected to report an EPS of $-0.06 for the upcoming quarter. Historical data shows a mixed performance with a recent beat but overall negative stock performance over the last year.
Given RFIL's mixed historical earnings performance and the overall negative trend in stock price, the short-term impact of the upcoming earnings report is uncertain. While a beat on expectations could provide a temporary boost, the long-term bearish trend may limit gains. The company's guidance will be crucial for investor sentiment.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100