Streamline Health Solns STRM is gearing up to announce its quarterly earnings on Wednesday, 2024-09-11. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Streamline Health Solns will report an earnings per share (EPS) of $-0.04.
Streamline Health Solns 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).
Earnings Track Record
In the previous earnings release, the company missed EPS by $0.01, leading to a 19.53% drop in the share price the following trading session.
Here's a look at Streamline Health Solns's past performance and the resulting price change:
Quarter | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
---|---|---|---|---|
EPS Estimate | -0.04 | -0.04 | -0.04 | -0.05 |
EPS Actual | -0.05 | -0.02 | -0.02 | -0.04 |
Price Change % | -20.0% | -4.0% | 7.000000000000001% | -6.0% |
Market Performance of Streamline Health Solns's Stock
Shares of Streamline Health Solns were trading at $0.4577 as of September 09. Over the last 52-week period, shares are down 52.18%. 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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