Kingstone Companies's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Kingstone Companies (NASDAQ:KINS) is expected to report a quarterly EPS of $-0.08 on March 27, 2024. Analysts and investors are looking for an earnings beat and positive guidance for the next quarter. The company's past earnings performance shows a mix of misses and beats, with corresponding stock price changes. Shares are currently trading at $3.88, up 230.77% over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.
March 26, 2024 | 3:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Kingstone Companies is anticipated to report a quarterly EPS of $-0.08 on March 27, 2024. The focus is on beating this estimate and providing positive future guidance. Historical performance shows variability in meeting EPS estimates, affecting stock prices. Currently, shares are significantly up, indicating a positive long-term outlook.
Given the anticipation of beating the EPS estimate and the historical positive correlation between earnings performance and stock price, there's a bullish sentiment. The significant year-over-year stock price increase further supports a positive short-term impact, assuming the company meets or exceeds expectations and provides favorable guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100