Computer Task Group CTG reported its Q4 earnings results on Tuesday, February 22, 2022 at 06:55 AM.
Here's what investors need to know about the announcement.
Computer Task Group beat estimated earnings by 47.06%, reporting an EPS of $0.25 versus an estimate of $0.17.
Revenue was up $11.04 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 0.85% drop in the share price the next day.
Here's a look at Computer Task Group's past performance:
|Quarter||Q3 2021||Q2 2021||Q1 2021||Q4 2020|
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).
Computer Task Group management provided guidance for their next quarter, expecting earnings between $0.64 and $0.72 per share for the next quarter.
This represents a 172.0% in quarter-over-quarter growth for Computer Task Group, a bullish signal to many investors.
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