[ad_1]
Linamar LIMAF is set to give its latest quarterly earnings report on Wednesday, 2023-03-08. Here’s what investors need to know before the announcement.
Analysts estimate that Linamar will report an earnings per share (EPS) of $1.22.
Linamar bulls will hope to hear the company 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 Linamar’s past performance and the resulting price change:
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|
| EPS Estimate | ||||
| EPS Actual | 1.46 | 1.32 | 0.85 | 0.71 |
| Price Change % | 8.6% | 10.37% | 3.78% | -1.48% |
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|
| EPS Estimate | ||||
| EPS Actual | 1.46 | 1.32 | 0.85 | 0.71 |
| Price Change % | 8.6% | 10.37% | 3.78% | -1.48% |
Stock Performance
Shares of Linamar were trading at $56.38 as of March 06. Over the last 52-week period, shares are up 37.75%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Linamar visit their earnings calendar on our site.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
[ad_2]
Image and article originally from www.benzinga.com. Read the original article here.