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What's Next: APi Gr's Earnings Preview

APi Gr (NYSE:APG) is preparing to release its quarterly earnings on Thursday, 2024-10-31. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect APi Gr to report an earnings per share (EPS) of $0.52.

Anticipation surrounds APi Gr's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Performance in Previous Earnings

Last quarter the company beat EPS by $0.02, which was followed by a 5.3% drop in the share price the next day.

Here's a look at APi Gr's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.47

0.33

0.43

0.45

EPS Actual

0.49

0.34

0.44

0.48

Price Change %

-5.0%

-1.0%

0.0%

1.0%

Analyst Insights on APi Gr

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on APi Gr.

A total of 3 analyst ratings have been received for APi Gr, with the consensus rating being Outperform. The average one-year price target stands at $39.67, suggesting a potential 16.88% upside.

Analyzing Ratings Among Peers

In this analysis, we delve into the analyst ratings and average 1-year price targets of Fluor, MasTec and WillScot Holdings, three key industry players, offering insights into their relative performance ...