Apollo Medical Hlgs's Earnings Outlook

Apollo Medical Hlgs AMEH is set to give its latest quarterly earnings report on Tuesday, 2024-02-27. Here's what investors need to know before the announcement.

Analysts estimate that Apollo Medical Hlgs will report an earnings per share (EPS) of $0.15.

Apollo Medical Hlgs bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat EPS by $0.14, which was followed by a 9.08% increase in the share price the next day.

Here's a look at Apollo Medical Hlgs's past performance and the resulting price change:

Stock Performance

Shares of Apollo Medical Hlgs were trading at $40.82 as of February 22. Over the last 52-week period, shares are up 16.96%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Apollo Medical Hlgs visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.