An Overview of Shimmick's Earnings

Shimmick SHIM will release its quarterly earnings report on Tuesday, 2024-11-12. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Shimmick to report an earnings per share (EPS) of $-0.12.

Anticipation surrounds Shimmick'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.

Historical Earnings Performance

Last quarter the company missed EPS by $1.32, which was followed by a 18.29% drop in the share price the next day.

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

Shimmick Share Price Analysis

Shares of Shimmick were trading at $2.14 as of November 08. Over the last 52-week period, shares are down 64.22%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

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

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