Aqua Metals (NASDAQ:AQMS) is set to give its latest quarterly earnings report on Thursday, 2024-11-14. Here's what investors need to know before the announcement.
Analysts estimate that Aqua Metals will report an earnings per share (EPS) of $-0.04.
Aqua Metals 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).
Performance in Previous Earnings
During the last quarter, the company reported an EPS missed by $0.00, leading to a 36.74% drop in the share price on the subsequent day.
Here's a look at Aqua Metals's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.05 | -0.05 | -0.05 | -0.05 |
| EPS Actual | -0.05 | -0.05 | -0.05 | -0.04 |
| Price Change % | -37.0% | 9.0% | 3.0% | 2.0% |
Market Performance of Aqua Metals's Stock
Shares of Aqua Metals were trading at $2.07 as of November 12. Over the last 52-week period, shares are down 88.83%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for Aqua Metals visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
