Blue Foundry's Earnings Outlook

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Blue Foundry BLFY will release its quarterly earnings report on Wednesday, 2024-10-23. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Blue Foundry to report an earnings per share (EPS) of $-0.17.

Investors in Blue Foundry 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.

Earnings Track Record

In the previous earnings release, the company beat EPS by $0.10, leading to a 4.35% increase in the share price the following trading session.

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

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate -0.21 -0.21 -0.15 -0.11
EPS Actual -0.11 -0.13 -0.13 -0.06
Price Change % 4.0% -2.0% 0.0% 6.0%

eps graph

Stock Performance

Shares of Blue Foundry were trading at $9.97 as of October 21. Over the last 52-week period, shares are up 37.72%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

To track all earnings releases for Blue Foundry visit their earnings calendar on our site.

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

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