Appian APPN will release its quarterly earnings report on Thursday, 2024-11-07. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Appian to report an earnings per share (EPS) of $-0.08.
The announcement from Appian 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.
Historical Earnings Performance
Last quarter the company beat EPS by $0.05, which was followed by a 1.41% increase in the share price the next day.
Here's a look at Appian's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.31 | -0.16 | -0.24 | -0.25 |
| EPS Actual | -0.26 | -0.24 | 0.06 | -0.20 |
| Price Change % | 1.0% | 3.0% | -1.0% | -4.0% |
Market Performance of Appian's Stock
Shares of Appian were trading at $38.67 as of November 05. Over the last 52-week period, shares are up 8.59%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Appian 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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