Examining the Future: Standex International's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Standex International (NYSE:SXI) is set to release its quarterly earnings on October 29, 2024, with analysts expecting an EPS of $1.70. Despite a history of beating EPS estimates, the stock has seen price declines post-announcement. The company has a 'Buy' rating with a price target suggesting an 18.87% upside. However, it faces challenges with negative revenue growth compared to peers.
October 28, 2024 | 8:02 pm
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Standex International is expected to announce its quarterly earnings with an EPS of $1.70. Despite a history of beating EPS estimates, the stock has experienced price declines post-announcement. The company holds a 'Buy' rating with a potential 18.87% upside, but faces challenges with negative revenue growth.
The upcoming earnings release is crucial for Standex International, with analysts expecting an EPS of $1.70. Historically, the stock has declined post-earnings despite beating estimates, indicating potential volatility. The 'Buy' rating and price target suggest optimism, but negative revenue growth poses a challenge.
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