An Overview of Imperial Ptrl's Earnings
Imperial Ptrl IMPP is set to give its latest quarterly earnings report on Monday, 2024-12-02. Here’s what investors need to know before the announcement.
Analysts estimate that Imperial Ptrl will report an earnings per share (EPS) of $0.23.
Imperial Ptrl 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).
Past Earnings Performance
During the last quarter, the company reported an EPS beat by $0.31, leading to a 2.18% drop in the share price on the subsequent day.
Here’s a look at Imperial Ptrl’s past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 |
---|---|---|---|
EPS Estimate | 0.42 | 0.23 | |
EPS Actual | 0.73 | 0.59 | 0.01 |
Price Change % | -2.0% | 2.0% | 2.0% |
Market Performance of Imperial Ptrl’s Stock
Shares of Imperial Ptrl were trading at $3.2 as of November 28. Over the last 52-week period, shares are up 86.05%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Imperial Ptrl 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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