Red Cat Holdings (NASDAQ:RCAT) is set to give its latest quarterly earnings report on Monday, 2024-12-16. Here's what investors need to know before the announcement.
Analysts estimate that Red Cat Holdings will report an earnings per share (EPS) of $-0.08.
The announcement from Red Cat Holdings is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Past Earnings Performance
In the previous earnings release, the company missed EPS by $0.09, leading to a 18.04% drop in the share price the following trading session.
Here's a look at Red Cat Holdings's past performance and the resulting price change:
| Quarter | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| EPS Estimate | -0.08 | -0.05 | -0.04 | -0.07 |
| EPS Actual | -0.17 | -0.09 | -0.08 | -0.10 |
| Price Change % | -18.0% | 23.0% | -6.0% | 9.0% |
Stock Performance
Shares of Red Cat Holdings were trading at $7.19 as of December 12. Over the last 52-week period, shares are up 1014.9%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Red Cat Holdings visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
