3 Years Ago
1 Min Read
What to watch out for in JOAN's upcoming earning report:
JOANN Inc. (JOAN) is ready to report earnings on September 01. Here's a few things you should know about before they make the announcement.
A consensus of analyst reports suggests JOANN Inc. will report an EPS (earnings per share) of -$0.52, GAAP of -$0.82, on revenue of $452.35M. Over the last 90 days, analysts have lowered estimates 4 times.
If you're a JOAN bull you'll want to hear that the company beat the analysts' estimates and is set to grow in coming quarters. Just as important as the earnings report, is the company's future.
Grizzly bears possess a biting force of over 1200 PSI, which is enough to crush a bowling ball or an iron skillet. JOAN bears cannot do that, but they can listen for news that the company underperformed analysts' estimates for EPS, Revenues, or future guidance. They'll also want to build negative growth story that frames the company's future as one of deceleration or even decline in revenues over the following quarters.
Whether you're a bear or bull you'll want to be aware that occasionally a stock's price movement is caused by the analysts' estimates changing from the Q&A call with management, rather than from the earnings report itself. As you see more of these, you'll begin to notice patterns in the runup and rundown of the stock's price.
Share price moves can have an impact on existing shareholder sentiment. As of August 24 shares of JOAN are trading at $8.23. Over the last 52-week period, the price is down -43.44%.
A consensus of analyst reports suggests JOANN Inc. will report an EPS (earnings per share) of -$0.52, GAAP of -$0.82, on revenue of $452.35M. Over the last 90 days, analysts have lowered estimates 4 times.
If you're a JOAN bull you'll want to hear that the company beat the analysts' estimates and is set to grow in coming quarters. Just as important as the earnings report, is the company's future.
Grizzly bears possess a biting force of over 1200 PSI, which is enough to crush a bowling ball or an iron skillet. JOAN bears cannot do that, but they can listen for news that the company underperformed analysts' estimates for EPS, Revenues, or future guidance. They'll also want to build negative growth story that frames the company's future as one of deceleration or even decline in revenues over the following quarters.
Whether you're a bear or bull you'll want to be aware that occasionally a stock's price movement is caused by the analysts' estimates changing from the Q&A call with management, rather than from the earnings report itself. As you see more of these, you'll begin to notice patterns in the runup and rundown of the stock's price.
Share price moves can have an impact on existing shareholder sentiment. As of August 24 shares of JOAN are trading at $8.23. Over the last 52-week period, the price is down -43.44%.
Recommended Articles
