Franklin Street Props (AMEX:FSP) is preparing to release its quarterly earnings on Tuesday, 2024-10-29. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Franklin Street Props to report an earnings per share (EPS) of $0.03.
The market awaits Franklin Street Props'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 missed by $0.00, leading to a 3.87% drop in the share price on the subsequent day.
Here's a look at Franklin Street Props's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.04 | 0.04 | ||
| EPS Actual | 0.04 | 0.04 | 0.07 | 0.07 |
| Price Change % | -4.0% | 3.0% | 6.0% | 11.0% |
Performance of Franklin Street Props Shares
Shares of Franklin Street Props were trading at $1.75 as of October 25. Over the last 52-week period, shares are up 3.45%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Franklin Street Props visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
