Earnings Outlook For SMART Glb Hldgs

SMART Glb Hldgs (NASDAQ:SGH) is preparing to release its quarterly earnings on Tuesday, 2024-10-15. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect SMART Glb Hldgs to report an earnings per share (EPS) of $0.40.

The announcement from SMART Glb Hldgs is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Earnings Track Record

The company's EPS beat by $0.07 in the last quarter, leading to a 26.27% increase in the share price on the following day.

Here's a look at SMART Glb Hldgs's past performance and the resulting price change:

Quarter

Q3 2024

Q2 2024

Q1 2024

Q4 2023

EPS Estimate

0.30

0.25

0.16

0.45

EPS Actual

0.37

0.27

0.24

0.35

Price Change %

26.0%

-24.0%

10.0%

-44.0%

Tracking SMART Glb Hldgs's Stock Performance

Shares of SMART Glb Hldgs were trading at $20.76 as of October 11. Over the last 52-week period, shares are up 41.7%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Take on SMART Glb Hldgs

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on SMART Glb Hldgs.

A total of 2 analyst ratings have been received for SMART Glb Hldgs, with the consensus rating being Buy. The average one-year price target ...