Earnings Preview For Old National
Portfolio Pulse from Benzinga Insights
Old National (NASDAQ:ONB) is set to release its quarterly earnings on October 22, 2024. Analysts expect an EPS of $0.46. Investors are keen on not just an earnings beat but also positive future guidance. Historically, Old National's stock price has reacted more to guidance than to earnings beats or misses.
October 21, 2024 | 4:01 pm
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Old National is expected to report an EPS of $0.46. Investors are looking for not just an earnings beat but also positive guidance. Historically, the stock price has reacted more to guidance than earnings results.
The article highlights the importance of guidance over earnings beats for Old National's stock price. Past performance shows mixed price reactions despite earnings beats, indicating that future guidance will be crucial for short-term price movement.
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