Insights Ahead: North American's Quarterly Earnings

North American NOA will release its quarterly earnings report on Wednesday, 2024-10-30. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate North American to report an earnings per share (EPS) of $0.86.

North American 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).

Performance in Previous Earnings

In the previous earnings release, the company missed EPS by $0.04, leading to a 7.11% drop in the share price the following trading session.

Here's a look at North American's past performance and the resulting price change:

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 bearish 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.