Milestone Scientific MLSS is preparing to release its quarterly earnings on Friday, 2024-11-15. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Milestone Scientific to report an earnings per share (EPS) of $-0.01.
The market awaits Milestone Scientific's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Historical Earnings Performance
During the last quarter, the company reported an EPS beat by $0.01, leading to a 2.96% drop in the share price on the subsequent day.
Here's a look at Milestone Scientific's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.01 | 0 | ||
| EPS Actual | 0 | -0.02 | -0.03 | -0.02 |
| Price Change % | -3.0% | -1.0% | -2.0% | -0.0% |
Stock Performance
Shares of Milestone Scientific were trading at $0.67 as of November 13. Over the last 52-week period, shares are down 16.64%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.
To track all earnings releases for Milestone Scientific 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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