Sky Harbour Group (AMEX:SKYH) is gearing up to announce its quarterly earnings on Tuesday, 2024-11-12. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Sky Harbour Group will report an earnings per share (EPS) of $-0.07.
Sky Harbour Group 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 Track Record
Last quarter the company beat EPS by $0.10, which was followed by a 12.57% increase in the share price the next day.
Here's a look at Sky Harbour Group's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.04 | -0.08 | -0.08 | |
| EPS Actual | 0.06 | -0.78 | -0.61 | -0.01 |
| Price Change % | 13.0% | -11.0% | -4.0% | 11.0% |
Market Performance of Sky Harbour Group's Stock
Shares of Sky Harbour Group were trading at $11.59 as of November 08. Over the last 52-week period, shares are up 36.18%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Sky Harbour Group visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
