Earnings Outlook For MISTRAS Group
Portfolio Pulse from Benzinga Insights
MISTRAS Group (NYSE:MG) is set to announce its quarterly earnings on October 30, 2024. Analysts expect an EPS of $0.27. Investors are keen on not just an earnings beat but also positive future guidance. Historically, guidance has significantly impacted stock prices. Previously, MISTRAS beat EPS estimates, resulting in a 1.3% stock price increase. Shares are currently trading at $11.1, up 54.63% over the past year.

October 31, 2024 | 2:01 pm
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MISTRAS Group is expected to announce its quarterly earnings with an EPS estimate of $0.27. Investors are looking for not just an earnings beat but also positive guidance, which could significantly impact the stock price.
The upcoming earnings announcement is crucial for MISTRAS Group as investors are not only looking for an EPS beat but also positive guidance. Historically, guidance has had a significant impact on the stock price. Given the past performance and current trading price, a positive announcement could lead to a short-term price increase.
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