Piper Sandler PIPR is gearing up to announce its quarterly earnings on Friday, 2024-10-25. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Piper Sandler will report an earnings per share (EPS) of $2.67.
Piper Sandler 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).
Earnings History Snapshot
In the previous earnings release, the company beat EPS by $0.27, leading to a 0.0% drop in the share price the following trading session.
Here's a look at Piper Sandler's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 2.25 | 2.19 | 2.60 | 1.58 |
EPS Actual | 2.52 | 2.79 | 4.03 | 1.76 |
Price Change % | -7.000000000000001% | 3.0% | 8.0% | 2.0% |
Tracking Piper Sandler's Stock Performance
Shares of Piper Sandler were trading at $288.39 as of October 23. Over the last 52-week period, shares are up 115.75%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for Piper Sandler 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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