AlTi Global ALTI is set to give its latest quarterly earnings report on Friday, 2024-11-08. Here's what investors need to know before the announcement.
Analysts estimate that AlTi Global will report an earnings per share (EPS) of $0.01.
Anticipation surrounds AlTi Global's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Performance in Previous Earnings
During the last quarter, the company reported an EPS missed by $0.01, leading to a 0.0% drop in the share price on the subsequent day.
Here's a look at AlTi Global's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.06 | 0.03 | 0.05 | |
| EPS Actual | -0.07 | 0.18 | -0.06 | -0.13 |
| Price Change % | -1.0% | -2.0% | -1.0% | -8.0% |
Performance of AlTi Global Shares
Shares of AlTi Global were trading at $4.93 as of November 06. Over the last 52-week period, shares are down 39.35%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.
To track all earnings releases for AlTi Global 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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