Natural Gas Services Gr NGS is set to give its latest quarterly earnings report on Thursday, 2023-03-23. Here's what investors need to know before the announcement.
Analysts estimate that Natural Gas Services Gr will report an earnings per share (EPS) of $-0.01.
Natural Gas Services Gr bulls will hope to hear the company 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).
Here's a look at Natural Gas Services Gr's past performance and the resulting price change:
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.06 | -0.16 | -0.04 | |
| EPS Actual | -0.01 | -0.01 | 0.03 | -0.18 |
| Price Change % | -10.36% | 3.88% | 3.55% | 2.57% |
Stock Performance
Shares of Natural Gas Services Gr were trading at $9.68 as of March 21. Over the last 52-week period, shares are down 16.18%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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