Earnings Outlook For Rocky Brands
Portfolio Pulse from Benzinga Insights
Rocky Brands (NASDAQ:RCKY) is set to release its quarterly earnings report on October 30, 2024. Analysts expect an EPS of $0.98. The market is optimistic about the company surpassing estimates and providing positive guidance. In the previous quarter, despite an EPS beat, the stock dropped 2.45% the next day. Shares are currently trading at $27.62, up 118.89% over the past year.
October 29, 2024 | 9:02 pm
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Rocky Brands is expected to report an EPS of $0.98. The market is hopeful for a beat and positive guidance, which could drive stock prices. Previous EPS beat led to a 2.45% drop in share price.
The upcoming earnings report is crucial for Rocky Brands as it could influence short-term stock price movements. While the market is optimistic, past performance shows that even an EPS beat can lead to a price drop, indicating volatility. The stock's significant rise over the past year suggests bullish sentiment, but the actual impact will depend on the earnings results and guidance.
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