Volt Information SciencesVOLT stock fell by 7.69% after the company reported its Q3 earnings results on Monday, September 13, 2021 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Volt Information Sciences beat their estimated earnings by 25.0%, which surprised analysts.
Revenue was up $31,593,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.13, which was followed by a 6.92% drop in the share price the next day.
Here's a look at Volt Information Sciences's past performance and the resulting price change:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|---|
| EPS Estimate | 0.04 | -0.01 | -0.19 | 0.01 | -0.21 |
| EPS Actual | 0.05 | 0.12 | -0.08 | 0.11 | -0.09 |
| Price Change % | -7.69% | -6.92% | 5.17% | -14.94% | -8.65% |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Volt Information Sciences earnings and revenue guidance hasn't been issued for now.
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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