Williams-Sonoma (NYSE:WSM) is gearing up to announce its quarterly earnings on Wednesday, 2024-11-20. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Williams-Sonoma will report an earnings per share (EPS) of $1.77.
Williams-Sonoma 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).
Earnings Track Record
In the previous earnings release, the company beat EPS by $0.15, leading to a 6.9% increase in the share price the following trading session.
Here's a look at Williams-Sonoma's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 1.59 | 1.35 | 2.56 | 1.68 |
| EPS Actual | 1.74 | 2.04 | 2.72 | 1.83 |
| Price Change % | 7.000000000000001% | 2.0% | 1.0% | 4.0% |
Performance of Williams-Sonoma Shares
Shares of Williams-Sonoma were trading at $133.89 as of November 18. Over the last 52-week period, shares are up 51.8%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for Williams-Sonoma visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
