M-Tron Industries MPTI is preparing to release its quarterly earnings on Wednesday, 2024-11-13. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect M-Tron Industries to report an earnings per share (EPS) of $0.54.
Investors in M-Tron Industries are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Earnings History Snapshot
In the previous earnings release, the company beat EPS by $0.13, leading to a 1.16% drop in the share price the following trading session.
Here's a look at M-Tron Industries's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.50 | 0.49 | 0.48 | 0.34 |
| EPS Actual | 0.63 | 0.53 | 0.03 | 0.57 |
| Price Change % | -1.0% | -0.0% | -24.0% | 12.0% |
Market Performance of M-Tron Industries's Stock
Shares of M-Tron Industries were trading at $55.33 as of November 11. Over the last 52-week period, shares are up 51.3%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for M-Tron Industries 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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