A Glimpse of SuperCom's Earnings Potential

SuperCom SPCB is gearing up to announce its quarterly earnings on Thursday, 2024-11-14. Here's a quick overview of what investors should know before the release.

Analysts are estimating that SuperCom will report an earnings per share (EPS) of $-0.40.

The announcement from SuperCom 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.

Earnings Track Record

Last quarter the company beat EPS by $2.40, which was followed by a 3.99% drop in the share price the next day.

Here's a look at SuperCom's past performance and the resulting price change:

Performance of SuperCom Shares

Shares of SuperCom were trading at $3.75 as of November 12. Over the last 52-week period, shares are down 53.34%. 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 SuperCom visit their earnings calendar on our site.

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