Mammoth Energy Services TUSK is set to give its latest quarterly earnings report on Thursday, 2023-04-27. Here's what investors need to know before the announcement.
Analysts estimate that Mammoth Energy Services will report an earnings per share (EPS) of $0.24.
Mammoth Energy Services 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 Mammoth Energy Services's past performance and the resulting price change:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.15 | |||
| EPS Actual | 0.1 | 0.16 | 0.04 | -0.32 |
| Price Change % | -3.02% | 6.42% | 22.18% | -12.56% |
Stock Performance
Shares of Mammoth Energy Services were trading at $4.03 as of April 25. Over the last 52-week period, shares are up 76.11%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
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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