Uncovering Potential: SKF's Earnings Preview
Portfolio Pulse from Benzinga Insights
SKF (OTC:SKFRY) is set to announce its quarterly earnings on October 30, 2024. Analysts expect an EPS of $0.35. Despite a past EPS beat, the stock dropped 4.15% the next day. Shares are currently trading at $19.14, up 18.99% over the past year.
October 29, 2024 | 3:02 pm
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SKF is expected to announce its quarterly earnings with an EPS estimate of $0.35. Despite a previous EPS beat, the stock experienced a decline, indicating potential volatility post-announcement.
SKF's upcoming earnings announcement is crucial as past performance showed a stock price drop despite an EPS beat. This suggests that future guidance and market expectations may heavily influence the stock's short-term movement.
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