Sono-Tek (NASDAQ:SOTK) is gearing up to announce its quarterly earnings on Tuesday, 2024-10-15. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Sono-Tek will report an earnings per share (EPS) of $0.02.
The announcement from Sono-Tek 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.
Performance in Previous Earnings
During the last quarter, the company reported an EPS beat by $0.01, leading to a 3.66% increase in the share price on the subsequent day.
Here's a look at Sono-Tek's past performance and the resulting price change:
| Quarter | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| EPS Estimate | 0.01 | 0 | 0.02 | 0.05 |
| EPS Actual | 0.02 | 0.01 | 0.04 | 0.03 |
| Price Change % | 4.0% | 0.0% | 2.0% | -2.0% |
Sono-Tek Share Price Analysis
Shares of Sono-Tek were trading at $4.05 as of October 11. Over the last 52-week period, shares are down 17.28%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.
To track all earnings releases for Sono-Tek visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
