Earnings Preview For Star Equity Hldgs
Portfolio Pulse from Benzinga Insights
Star Equity Holdings (NASDAQ:STRR) is scheduled to release its quarterly earnings report on March 22, 2024, with an expected EPS of $-0.08. Analysts and investors will be looking for the company to beat this estimate and provide positive guidance for future growth. Historical data shows mixed reactions in stock price to past earnings performances, with minor fluctuations following the announcements. Shares have seen a 13.43% increase over the last 52 weeks, indicating a generally positive outlook from long-term shareholders.
March 21, 2024 | 2:00 pm
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Star Equity Holdings is expected to report an EPS of -$0.08 for the upcoming quarter. Historical performance shows minor stock price fluctuations post-earnings, with a 13.43% increase in shares over the past year.
Given STRR's past earnings performance and the minor fluctuations in stock price following earnings announcements, the short-term impact of the upcoming earnings report is likely to be neutral. The company's year-over-year stock increase of 13.43% suggests a positive long-term outlook, but the expected EPS of -$0.08 indicates potential challenges. The key factor influencing short-term stock movement will be whether STRR can beat the EPS estimate and provide optimistic future guidance.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100