Analysts are estimating that Shyft Group will report an earnings per share (EPS) of $0.18.
The announcement from Shyft Group 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.
Overview of Past Earnings
The company's EPS beat by $0.07 in the last quarter, leading to a 1.47% increase in the share price on the following day.
Here's a look at Shyft Group's past performance and the resulting price change:
Quarter
Q2 2024
Q1 2024
Q4 2023
Q3 2023
EPS Estimate
0.09
-0.17
-0.03
0.12
EPS Actual
0.16
-0.04
-0.03
0.19
Price Change %
1.0%
0.0%
-1.0%
-4.0%
Tracking Shyft Group's Stock Performance
Shares of Shyft Group were trading at $11.96 as of October 22. Over the last 52-week period, shares are up 0.83%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
Analyst Insights on Shyft Group
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Shyft Group.
The consensus rating for Shyft Group is Buy, derived from 1 analyst ratings. An average one-year price target of $18.0 implies a potential 50.5% upside.
Peer Ratings Comparison
This comparison focuses on the ...
