A Look at Hanmi Financial's Upcoming Earnings Report
Portfolio Pulse from Benzinga Insights
Hanmi Financial (NASDAQ:HAFC) is set to release its quarterly earnings on October 22, 2024. Analysts expect an EPS of $0.48. Despite a history of beating estimates, the stock has seen price drops post-announcement. Shares are currently trading at $20.65, up 37.45% over the past year.
October 21, 2024 | 6:01 pm
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Hanmi Financial is expected to report an EPS of $0.48. Historically, even when estimates are beaten, the stock price has dropped. Current trading price is $20.65, with a 37.45% increase over the past year.
The upcoming earnings report is crucial for Hanmi Financial as it may influence short-term stock price movements. Despite past EPS beats, the stock has experienced declines, indicating investor focus on future guidance. The current positive annual performance suggests potential bullish sentiment, but historical patterns of post-earnings price drops warrant caution.
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