What to Expect from ATN International's Upcoming Earnings
What to Expect from ATN International's Upcoming Earnings
ATN International (NASDAQ: ATNI) is gearing up to unveil its latest quarterly earnings report soon. Investors are highly curious about the company’s performance, especially regarding its earnings per share (EPS). Analysts are predicting an EPS of $-0.25, which is worth noting for any investor keeping an eye on the market.
The anticipation surrounding ATN International’s earnings announcement is palpable. Many stakeholders are looking forward to insights that may indicate whether the company has managed to exceed expectations and what guidance it may provide for the forthcoming quarter. Guidance can significantly influence stock prices, making it a critical aspect for new and seasoned investors alike.
Review of Past Earnings Performance
When examining previous earnings reports, ATN International did not meet the EPS estimates during its last release, missing by $0.28, which surprisingly resulted in a 12.66% increase in share price the next session. This showcases the unpredictable nature of market reactions.
Here’s a summary of ATN International’s recent earnings performance and the corresponding price adjustments:
Quarter: Q2 2024, Q1 2024, Q4 2023, Q3 2023
EPS Estimate: -0.26, -0.08, -0.10, -0.21
EPS Actual: -0.54, -0.42, -0.03, -0.31
Price Change %: 13.0%, -33.0%, -21.0%, -9.0%
Analyzing Stock Performance
As of October 25, ATN International's shares were trading at $31.04. In the last year, the stock has seen a modest increase of 2.29%. Such positive indicators generally lead long-term investors to maintain a bullish outlook ahead of the company’s earnings release.
Understanding these trends and the reaction of the stock to past earnings can empower investors as they strategize for the upcoming announcement.
Frequently Asked Questions
What time will ATN International announce its earnings?
The earnings announcement is scheduled for 2024-10-29.
What is the expected earnings per share for ATN International?
Analysts expect an EPS of $-0.25 for this quarter.
How has ATN International performed in the past?
In its last earnings report, ATN missed EPS estimates by $0.28, yet shares rose 12.66% the following trading session.
What was the recent stock price for ATN International?
The stock was trading at $31.04 as of October 25.
Why is earnings guidance important?
Earnings guidance provides insight into the company's expectations and can significantly influence stock price movements.
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