Sachem Cap (AMEX:SACH) is gearing up to announce its quarterly earnings on Thursday, 2024-11-14. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Sachem Cap will report an earnings per share (EPS) of $0.03.
The announcement from Sachem Cap 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.
Earnings History Snapshot
Last quarter the company missed EPS by $0.19, which was followed by a 2.22% increase in the share price the next day.
Here's a look at Sachem Cap's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.10 | 0.09 | 0.11 | 0.11 |
| EPS Actual | -0.09 | 0.08 | -0.05 | 0.12 |
| Price Change % | 2.0% | 0.0% | -1.0% | 4.0% |
Tracking Sachem Cap's Stock Performance
Shares of Sachem Cap were trading at $1.99 as of November 12. Over the last 52-week period, shares are down 44.73%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.
To track all earnings releases for Sachem Cap visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
