Sadot Group SDOT is set to give its latest quarterly earnings report on Tuesday, 2024-11-12. Here's what investors need to know before the announcement.
Analysts estimate that Sadot Group will report an earnings per share (EPS) of $0.20.
Anticipation surrounds Sadot Group'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.
Past Earnings Performance
Last quarter the company beat EPS by $0.90, which was followed by a 9.89% increase in the share price the next day.
Here's a look at Sadot Group's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.4 | -0.4 | 0 | -0.1 |
| EPS Actual | 0.5 | -0.1 | -0.4 | -0.6 |
| Price Change % | 10.0% | -17.0% | -15.0% | -20.0% |
Sadot Group Share Price Analysis
Shares of Sadot Group were trading at $3.74 as of November 08. Over the last 52-week period, shares are down 47.38%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
To track all earnings releases for Sadot Group 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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
