20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Mercury Sys (NASDAQ:MRCY) is set to give its latest quarterly earnings report on Tuesday, 2024-02-06. Here's what investors need to know before the announcement.
Analysts estimate that Mercury Sys will report an earnings per share (EPS) of $0.08.
Mercury Sys 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).
Historical Earnings Performance
Last quarter the company missed EPS by $0.42, which was followed by a 12.59% drop in the share price the next day.
Here's a look at Mercury Sys's past performance and the resulting price change:
| Quarter | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.18 | 0.54 | 0.37 | 0.33 |
| EPS Actual | -0.24 | 0.11 | 0.40 | 0.26 |
| Price Change % | -12.59% | 6.89% | -17.31% | 12.41% |
To track all earnings releases for Mercury Sys visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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