Earnings Outlook For Seanergy Maritime Hldgs

Seanergy Maritime Hldgs SHIP is set to give its latest quarterly earnings report on Thursday, 2023-05-25. Here's what investors need to know before the announcement.

Analysts estimate that Seanergy Maritime Hldgs will report an earnings per share (EPS) of $-0.20.

Seanergy Maritime Hldgs 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).

Past Earnings Performance

Last quarter the company beat EPS by $0.19, which was followed by a 4.97% drop in the share price the next day.

Here's a look at Seanergy Maritime Hldgs's past performance and the resulting price change:

Stock Performance

Shares of Seanergy Maritime Hldgs were trading at $4.71 as of May 23. Over the last 52-week period, shares are down 61.69%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

To track all earnings releases for Seanergy Maritime Hldgs visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.