An Overview of WidePoint's Earnings

WidePoint (AMEX:WYY) is preparing to release its quarterly earnings on Wednesday, 2024-11-13. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect WidePoint to report an earnings per share (EPS) of $-0.06.

Investors in WidePoint 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 beat EPS by $0.03, leading to a 9.63% increase in the share price the following trading session.

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

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

-0.08

EPS Actual

-0.05

-0.07

-0.15

-0.1

Price Change %

10.0%

2.0%

-2.0%

3.0%

WidePoint Share Price Analysis

Shares of WidePoint were trading at $4.1 as of November 11. Over the last 52-week period, shares are up 139.88%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Insights on WidePoint

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

A total of 1 analyst ratings have been received for WidePoint, with ...