Air Industries Group Common Stock AIRI is set to give its latest quarterly earnings report on Monday, 2022-03-07. Here's what investors need to know before the announcement.
Analysts estimate that Air Industries Group Common Stock will report an earnings per share (EPS) of $0.01.
Air Industries Group Common Stock 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).
Past Earnings Performance
Last quarter the company missed EPS by $0.01, which was followed by a 0.0% drop in the share price the next day.
Here's a look at Air Industries Group Common Stock's past performance and the resulting price change:
|Quarter||Q3 2021||Q2 2021||Q1 2021||Q4 2020|
|Price Change %||1.96%||0.0%||-1.71%||-5.92%|
Shares of Air Industries Group Common Stock were trading at $0.9415 as of March 03. Over the last 52-week period, shares are down 37.96%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
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