GWG Holdings GWGH releases its next round of earnings this Friday, Aug. 10. Here's Benzinga's essential guide to GWG Holdings's [quarter] earnings report.
Earnings and Revenue
Based on GWG Holdings management projections, analysts predict EPS loss of 85 cents on revenue of $25.53 million.
In the same quarter last year, GWG Holdings announced EPS loss of $1.34 on revenue of $11.66 million. The Wall Street estimate would represent a 36.57 percent decline in the company's earnings. Sales would be have grown 118.80 percent from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
EPS Estimate | -0.643 | -0.6 | -0.59 | -0.29 |
EPS Actual | -2.22 | -2.77 | -1.31 | -1.34 |
Stock Performance
Over the last 52-week period, shares are down 24.9 percent. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The average rating by analysts on GWG Holdings stock is a Buy. The strength of this rating has maintained conviction over the past 90 days.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.