A Look Ahead: Enerpac Tool Group's Earnings Forecast

Benzinga · 10/14 14:00

Enerpac Tool Group (NYSE:EPAC) will release its quarterly earnings report on Tuesday, 2024-10-15. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Enerpac Tool Group to report an earnings per share (EPS) of $0.53.

The announcement from Enerpac Tool Group is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Historical Earnings Performance

The company's EPS missed by $0.00 in the last quarter, leading to a 3.01% drop in the share price on the following day.

Here's a look at Enerpac Tool Group's past performance and the resulting price change:

Quarter Q3 2024 Q2 2024 Q1 2024 Q4 2023
EPS Estimate 0.47 0.36 0.32
EPS Actual 0.47 0.36 0.39 0.42
Price Change % -3.0% -1.0% 2.0% 14.000000000000002%

Stock Performance

Shares of Enerpac Tool Group were trading at $43.73 as of October 11. Over the last 52-week period, shares are up 46.49%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

To track all earnings releases for Enerpac Tool Group visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.