Beyond BYON will release its quarterly earnings report on Thursday, 2024-10-24. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Beyond to report an earnings per share (EPS) of $-0.67.
Anticipation surrounds Beyond's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Overview of Past Earnings
The company's EPS beat by $0.03 in the last quarter, leading to a 9.79% drop in the share price on the following day.
Here's a look at Beyond's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | -0.79 | -0.86 | -0.73 | -0.72 |
EPS Actual | -0.76 | -1.22 | -1.22 | -0.61 |
Price Change % | -10.0% | -25.0% | -2.0% | -10.0% |
Market Performance of Beyond's Stock
Shares of Beyond were trading at $10.16 as of October 22. Over the last 52-week period, shares are down 37.47%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
To track all earnings releases for Beyond 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.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.