What's Next: Container Store Group's Earnings Preview
Container Store Group TCS is preparing to release its quarterly earnings on Tuesday, 2024-10-29. Here’s a brief overview of what investors should keep in mind before the announcement.
Analysts expect Container Store Group to report an earnings per share (EPS) of $-0.05.
Investors in Container Store Group are eagerly awaiting the company’s announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It’s worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Past Earnings Performance
In the previous earnings release, the company missed EPS by $0.75, leading to a 25.14% drop in the share price the following trading session.
Here’s a look at Container Store Group’s past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
---|---|---|---|---|---|
EPS Estimate | -0.05 | -3.15 | -1.8 | -0.75 | -0.75 |
EPS Actual | -3.23 | -3.90 | -0.6 | -1.20 | 0.15 |
Price Change % | -38.0% | -25.0% | -3.0% | -39.0% | -5.0% |
Market Performance of Container Store Group’s Stock
Shares of Container Store Group were trading at $2.55 as of December 02. Over the last 52-week period, shares are down 92.7%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for Container Store Group 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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