Limbach Holdings LMB is set to give its latest quarterly earnings report on Tuesday, 2022-08-09. Here’s what investors need to know before the announcement.
Analysts estimate that Limbach Holdings will report an earnings per share (EPS) of $0.09.
Limbach Holdings bulls will hope to hear the company to 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).
Here’s a look at Limbach Holdings’s past performance and the resulting price change:
|Quarter||Q1 2022||Q4 2021||Q3 2021||Q2 2021|
|Price Change %||-7.67%||-4.93%||-2.62%||-11.15%|
Shares of Limbach Holdings were trading at $5.43 as of August 05. Over the last 52-week period, shares are down 38.08%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
Image and article originally from www.benzinga.com. Read the original article here.