Allied Motion's Earnings Outlook

Allied Motion AMOT is set to give its latest quarterly earnings report on Wednesday, 2022-03-09. Here's what investors need to know before the announcement.

Analysts estimate that Allied Motion will report an earnings per share (EPS) of $0.24.

Allied Motion bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

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).

Historical Earnings Performance

Last quarter the company beat EPS by $0.10, which was followed by a 12.06% increase in the share price the next day.

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

Stock Performance

Shares of Allied Motion were trading at $33.85 as of March 04. Over the last 52-week period, shares are up 7.03%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.