Broadwind's Earnings: A Preview

Broadwind (NASDAQ:BWEN) 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 Broadwind to report an earnings per share (EPS) of $-0.04.

Investors in Broadwind 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 $0.02, leading to a 6.96% drop in the share price the following trading session.

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

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0

-0.06

0

0.08

EPS Actual

0.02

0.07

0.05

0.20

Price Change %

-7.000000000000001%

7.000000000000001%

2.0%

-0.0%

Market Performance of Broadwind's Stock

Shares of Broadwind were trading at $1.84 as of November 11. Over the last 52-week period, shares are down 25.93%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

Analysts' Take on Broadwind

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

Broadwind has received a total of 3 ratings from analysts, with the consensus ...