North American NOA 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 North American will report an earnings per share (EPS) of $0.86.
The market awaits North American'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
Last quarter the company missed EPS by $0.04, which was followed by a 7.11% drop in the share price the next day.
Here's a look at North American's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.61 | 0.64 | 0.74 | 0.45 |
EPS Actual | 0.57 | 0.58 | 0.64 | 0.40 |
Price Change % | -7.000000000000001% | -2.0% | -9.0% | -1.0% |
Performance of North American Shares
Shares of North American were trading at $17.01 as of October 28. Over the last 52-week period, shares are down 15.92%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
To track all earnings releases for North American 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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.