Uncovering Potential: Embecta's Earnings Preview
Embecta EMBC is preparing to release its quarterly earnings on Tuesday, 2024-11-26. Here’s a brief overview of what investors should keep in mind before the announcement.
Analysts expect Embecta to report an earnings per share (EPS) of $0.36.
The announcement from Embecta 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.
Historical Earnings Performance
Last quarter the company beat EPS by $0.28, which was followed by a 0.0% drop in the share price the next day.
Here’s a look at Embecta’s past performance and the resulting price change:
Quarter | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
---|---|---|---|---|
EPS Estimate | 0.46 | 0.40 | 0.46 | 0.40 |
EPS Actual | 0.74 | 0.67 | 0.61 | 0.59 |
Price Change % | 7.000000000000001% | 1.0% | -8.0% | 3.0% |
Tracking Embecta’s Stock Performance
Shares of Embecta were trading at $13.82 as of November 22. Over the last 52-week period, shares are down 19.65%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.
To track all earnings releases for Embecta visit their earnings calendar on our site.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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