What to Expect from Shyft Group's Earnings
Portfolio Pulse from Benzinga Insights
Shyft Group (NASDAQ:SHYF) is set to announce its quarterly earnings on October 24, 2024. Analysts expect an EPS of $0.18. The company's past performance shows a positive reaction to earnings beats, and the stock has a 'Buy' rating with a potential 50.5% upside. However, Shyft Group faces challenges with negative revenue growth and low return on equity compared to peers.
October 23, 2024 | 7:01 pm
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Shyft Group is expected to announce its earnings with an EPS estimate of $0.18. The stock has a 'Buy' rating and a potential 50.5% upside. Past earnings beats have led to positive stock price movements, but the company faces challenges with negative revenue growth and low return on equity.
Shyft Group's upcoming earnings announcement is highly anticipated, with a positive EPS estimate and a 'Buy' rating suggesting potential stock price appreciation. However, the company's negative revenue growth and low return on equity compared to peers may temper investor enthusiasm. The stock's past positive reaction to earnings beats indicates a likely short-term price increase if estimates are surpassed.
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