Uncovering Potential: PAR Technology's Earnings Preview

PAR Technology (NYSE:PAR) is set to give its latest quarterly earnings report on Friday, 2024-11-08. Here's what investors need to know before the announcement.

Analysts estimate that PAR Technology will report an earnings per share (EPS) of $-0.10.

Anticipation surrounds PAR Technology'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.

Historical Earnings Performance

Last quarter the company missed EPS by $0.05, which was followed by a 2.94% increase in the share price the next day.

Here's a look at PAR Technology's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

-0.18

-0.29

-0.26

-0.35

EPS Actual

-0.23

-0.36

-0.33

-0.21

Price Change %

3.0%

1.0%

0.0%

9.0%

PAR Technology Share Price Analysis

Shares of PAR Technology were trading at $66.27 as of November 06. Over the last 52-week period, shares are up 90.28%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Perspectives on PAR Technology

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

The consensus rating for PAR Technology is Buy, derived from 6 analyst ratings. An average one-year price target of $64.0 implies a potential 3.43% downside.

Comparing Ratings with Peers

The ...