Mitek Systems (NASDAQ:MITK) is gearing up to announce its quarterly earnings on Monday, 2024-12-16. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Mitek Systems will report an earnings per share (EPS) of $0.17.
The market awaits Mitek Systems'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.
Here's a look at Mitek Systems's past performance and the resulting price change:
| Quarter | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.27 | 0.18 | 0.13 | |
| EPS Actual | 0.25 | 0.24 | 0.14 | 0.15 |
| Price Change % | -25.0% | -2.0% | -10.0% | 1.0% |
Performance of Mitek Systems Shares
Shares of Mitek Systems were trading at $8.9 as of December 12. Over the last 52-week period, shares are down 30.03%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for Mitek Systems visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
