A-Mark Precious Metals AMRK is set to give its latest quarterly earnings report on Tuesday, 2022-02-08. Here's what investors need to know before the announcement.
Analysts estimate that A-Mark Precious Metals will likely report an Earnings Per Share (EPS) of $1.67.
A-Mark Precious Metals 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).
Historical Earnings Performance
Last quarter the company beat EPS by $0.60, which was followed by a 7.4% drop in the share price the next day.
Here's a look at A-Mark Precious Metals's past performance and the resulting price change:
|Quarter||Q1 2022||Q4 2021||Q3 2021||Q2 2021|
|Price Change %||-7.4%||12.01%||15.66%||-17.46%|
Shares of A-Mark Precious Metals were trading at $63.01 as of February 04. Over the last 52-week period, shares are up 71.84%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
If you want to track all upcoming earnings announcements, check out our Earnings Calendar here
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.