Imax IMAX is set to give its latest quarterly earnings report on Wednesday, 2024-10-30. Here's what investors need to know before the announcement.
Analysts estimate that Imax will report an earnings per share (EPS) of $0.27.
The announcement from Imax is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Historical Earnings Performance
The company's EPS beat by $0.11 in the last quarter, leading to a 3.56% increase in the share price on the following day.
Here's a look at Imax's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.07 | 0.10 | 0.05 | 0.23 |
| EPS Actual | 0.18 | 0.15 | 0.17 | 0.35 |
| Price Change % | 4.0% | -2.0% | 11.0% | 1.0% |
Tracking Imax's Stock Performance
Shares of Imax were trading at $20.55 as of October 28. Over the last 52-week period, shares are up 14.93%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Imax 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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