Sono-Tek's Earnings Outlook

Sono-Tek SOTK is gearing up to announce its quarterly earnings on Tuesday, 2024-10-15. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Sono-Tek will report an earnings per share (EPS) of $0.02.

The announcement from Sono-Tek is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Performance in Previous Earnings

During the last quarter, the company reported an EPS beat by $0.01, leading to a 3.66% increase in the share price on the subsequent day.

Here's a look at Sono-Tek's past performance and the resulting price change:

Sono-Tek Share Price Analysis

Shares of Sono-Tek were trading at $4.05 as of October 11. Over the last 52-week period, shares are down 17.28%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.

To track all earnings releases for Sono-Tek visit their earnings calendar on our site.

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