Great Ajax AJX is set to give its latest quarterly earnings report on Monday, 2024-10-21. Here's what investors need to know before the announcement.
Analysts estimate that Great Ajax will report an earnings per share (EPS) of $-0.38.
The market awaits Great Ajax's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Past Earnings Performance
In the previous earnings release, the company missed EPS by $0.09, leading to a 5.16% drop in the share price the following trading session.
Here's a look at Great Ajax's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.15 | 0.02 | 0.20 | 0.03 |
| EPS Actual | -0.24 | -0.16 | -0.07 | -0.09 |
| Price Change % | -5.0% | -3.0% | -14.000000000000002% | 3.0% |
Market Performance of Great Ajax's Stock
Shares of Great Ajax were trading at $3.24 as of October 17. Over the last 52-week period, shares are down 26.3%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
To track all earnings releases for Great Ajax visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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