ePlus's Earnings Outlook

ePlus PLUS is set to give its latest quarterly earnings report on Tuesday, 2023-11-07. Here's what investors need to know before the announcement.

Analysts estimate that ePlus will report an earnings per share (EPS) of $1.34.

ePlus 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 $0.42, which was followed by a 15.2% increase in the share price the next day.

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

Quarter Q1 2024 Q4 2023 Q3 2023 Q2 2023
EPS Estimate 0.99 1.06 1.14 1.06
EPS Actual 1.41 1.36 1.38 1.29
Price Change % 15.2% 5.29% 9.15% 5.55%

eps graph

Stock Performance

Shares of ePlus were trading at $65.01 as of November 03. Over the last 52-week period, shares are up 30.41%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for ePlus visit their earnings calendar on our site.

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

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Posted In: EarningsBZI-EP
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