A Look Ahead: Enerpac Tool Group's Earnings Forecast
Portfolio Pulse from Benzinga Insights
Enerpac Tool Group (NYSE:EPAC) is set to release its quarterly earnings report on October 15, 2024. Analysts expect an EPS of $0.53. Investors are keen on whether the company will surpass estimates and provide favorable guidance, as these factors can significantly influence stock price movements. Historically, Enerpac's stock has reacted to earnings results, with a notable 3.01% drop following a previous EPS miss. The stock is currently trading at $43.73, up 46.49% over the past year.
October 14, 2024 | 2:00 pm
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Enerpac Tool Group is expected to announce its quarterly earnings with an anticipated EPS of $0.53. Investors are focused on whether the company will exceed estimates and provide positive guidance, which could influence the stock price.
The upcoming earnings report is crucial for Enerpac Tool Group as it could affect investor sentiment and stock price. Historically, the stock has reacted to earnings results, with a previous EPS miss leading to a 3.01% drop. The current positive stock performance over the past year suggests that investors have been optimistic, but the actual earnings and guidance will be key determinants of short-term price movements.
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