Preferred Apartment APTS is set to give its latest quarterly earnings report on Monday, 2022-02-28. Here's what investors need to know before the announcement.
Analysts estimate that Preferred Apartment will report an earnings per share (EPS) of $-0.65.
Preferred Apartment 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).
Here's a look at Preferred Apartment's past performance and the resulting price change:
|Quarter||Q3 2021||Q2 2021||Q1 2021||Q4 2020|
|Price Change %||9.98%||-0.26%||-2.35%||-1.2%|
Shares of Preferred Apartment were trading at $25.5 as of February 24. Over the last 52-week period, shares are up 203.36%. 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.