What's Next: Holley's Earnings Preview

Holley (NYSE:HLLY) is preparing to release its quarterly earnings on Friday, 2024-11-08. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Holley to report an earnings per share (EPS) of $0.03.

Investors in Holley are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Past Earnings Performance

In the previous earnings release, the company missed EPS by $0.00, leading to a 1.88% drop in the share price the following trading session.

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

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.1

0.05

0.02

0.03

EPS Actual

0.1

0

0

0.03

Price Change %

-2.0%

-1.0%

-0.0%

-7.000000000000001%

Stock Performance

Shares of Holley were trading at $2.84 as of November 06. Over the last 52-week period, shares are down 27.08%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.

Analysts' Take on Holley

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

With 3 analyst ratings, Holley has a consensus rating of Buy. The average one-year price target is $9.83, indicating ...