The One Group Hospitality STKS is set to give its latest quarterly earnings report on Thursday, 2024-11-07. Here's what investors need to know before the announcement.
Analysts estimate that The One Group Hospitality will report an earnings per share (EPS) of $0.01.
The market awaits The One Group Hospitality'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.
Earnings Track Record
Last quarter the company beat EPS by $0.02, which was followed by a 10.55% drop in the share price the next day.
Here's a look at The One Group Hospitality's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.06 | 0.03 | 0.15 | 0.03 |
| EPS Actual | 0.08 | -0.02 | 0.17 | -0.08 |
| Price Change % | -11.0% | -4.0% | 12.0% | -2.0% |
The One Group Hospitality Share Price Analysis
Shares of The One Group Hospitality were trading at $3.44 as of November 05. Over the last 52-week period, shares are down 16.36%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
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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