Five Star (NASDAQ:FSBC) is set to give its latest quarterly earnings report on Monday, 2024-10-28. Here's what investors need to know before the announcement.
Analysts estimate that Five Star will report an earnings per share (EPS) of $0.53.
Five Star bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Earnings History Snapshot
The company's EPS beat by $0.02 in the last quarter, leading to a 3.07% increase in the share price on the following day.
Here's a look at Five Star's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.49 | 0.53 | 0.59 | 0.60 |
| EPS Actual | 0.51 | 0.62 | 0.63 | 0.64 |
| Price Change % | 3.0% | 0.0% | -2.0% | -1.0% |
Market Performance of Five Star's Stock
Shares of Five Star were trading at $30.4 as of October 24. Over the last 52-week period, shares are up 51.94%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for Five Star visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
