Exploring Bridgestone's Earnings Expectations

Bridgestone BRDCY is preparing to release its quarterly earnings on Monday, 2024-11-11. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Bridgestone to report an earnings per share (EPS) of $0.37.

Anticipation surrounds Bridgestone'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.

Earnings Track Record

Last quarter the company beat EPS by $0.07, which was followed by a 0.0% drop in the share price the next day.

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

Performance of Bridgestone Shares

Shares of Bridgestone were trading at $18.12 as of November 04. Over the last 52-week period, shares are down 5.77%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

To track all earnings releases for Bridgestone visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.