Saratoga Investment SAR is gearing up to announce its quarterly earnings on Tuesday, 2024-10-08. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Saratoga Investment will report an earnings per share (EPS) of $0.94.
Investors in Saratoga Investment are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Historical Earnings Performance
The company's EPS beat by $0.12 in the last quarter, leading to a 2.72% increase in the share price on the following day.
Here's a look at Saratoga Investment's past performance and the resulting price change:
| Quarter | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| EPS Estimate | 0.93 | 0.95 | 1.03 | 1.08 |
| EPS Actual | 1.05 | 0.94 | 1.01 | 1.08 |
| Price Change % | 3.0% | -1.0% | -10.0% | -2.0% |
Market Performance of Saratoga Investment's Stock
Shares of Saratoga Investment were trading at $23.24 as of October 04. Over the last 52-week period, shares are down 1.86%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for Saratoga Investment visit their earnings calendar on our site.
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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