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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100