Marine Prods (NYSE:MPX) is gearing up to announce its quarterly earnings on Thursday, 2024-10-24. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Marine Prods will report an earnings per share (EPS) of $0.08.
The market awaits Marine Prods'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.
Earnings Track Record
In the previous earnings release, the company missed EPS by $0.00, leading to a 2.01% increase in the share price the following trading session.
Here's a look at Marine Prods's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.14 | 0.19 | 0.36 | |
| EPS Actual | 0.14 | 0.13 | 0.16 | 0.30 |
| Price Change % | 2.0% | 2.0% | 1.0% | -1.0% |
Tracking Marine Prods's Stock Performance
Shares of Marine Prods were trading at $9.38 as of October 22. Over the last 52-week period, shares are down 16.97%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
To track all earnings releases for Marine Prods visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
