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Earnings Preview For Mastech Digital

Benzinga ·  Nov 1, 2023 04:03

Mastech Digital (AMEX:MHH) is set to give its latest quarterly earnings report on Wednesday, 2023-11-01. Here's what investors need to know before the announcement.

Analysts estimate that Mastech Digital will report an earnings per share (EPS) of $0.13.

Mastech Digital 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).

Past Earnings Performance

Last quarter the company missed EPS by $0.04, which was followed by a 4.6% drop in the share price the next day.

eps graph

Stock Performance

Shares of Mastech Digital were trading at $8.93 as of October 30. Over the last 52-week period, shares are down 36.36%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.

To track all earnings releases for Mastech Digital visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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