Loma Negra Cia Industria (NYSE:LOMA) is gearing up to announce its quarterly earnings on Wednesday, 2024-11-06. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Loma Negra Cia Industria will report an earnings per share (EPS) of $-0.30.
The market awaits Loma Negra Cia Industria'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 History Snapshot
In the previous earnings release, the company beat EPS by $0.43, leading to a 9.92% increase in the share price the following trading session.
Here's a look at Loma Negra Cia Industria's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.14 | -0.16 | 0.01 | |
| EPS Actual | 0.29 | 0.52 | -0.41 | 0.26 |
| Price Change % | 10.0% | 2.0% | -4.0% | 1.0% |
Stock Performance
Shares of Loma Negra Cia Industria were trading at $9.39 as of November 04. Over the last 52-week period, shares are up 57.16%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Loma Negra Cia Industria visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
