Earnings Forecast for Benson Hill
Benson Hill is set to unveil its quarterly earnings on March 14, 2024. Analysts are predicting an EPS of $-0.17 for the company. Investors are eagerly awaiting Benson Hill to not only surpass this projection but also offer optimistic guidance for future growth, as guidance can heavily influence stock prices.
Performance Overview
In the previous quarter, Benson Hill exceeded EPS expectations by $0.09, resulting in a 9.35% decrease in share price the following day. Here is a breakdown of Benson Hill’s past performance and the consequent price fluctuations:
Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.18 -0.17 -0.19 -0.18
EPS Actual -0.09 -0.16 -0.03 -0.17
Price Change % -9.0% -0.0% -4.0% -16.0%
Stock Status
As of March 12, Benson Hill’s stocks were trading at $0.19, indicating an 86.78% decrease over the past year. With this downward trajectory, long-term investors may be approaching the upcoming earnings announcement with pessimism.
For updates on Benson Hill’s earnings releases, investors can refer to the company’s earnings calendar on their official website.
BHIL Stock Price Surges 7.21% on March 13, 2024: Investors Watch for Potential Breakthrough
On March 13, 2024, BHIL stock showed a positive performance with a 7.21% increase in price. The stock closed at $0.20, marking a $0.01 increase since the market last closed. BHIL continued to rise in after-hours trading, gaining another $0.01.
Investors may want to keep an eye on BHIL in the coming days to see if this positive trend continues. It will be important to monitor whether the stock can break through its 200-day moving average and potentially reach new highs.
BHIL Stock Analysis: Promising Revenue Growth and Positive EPS Trends in 2024
On March 13, 2024, BHIL stock showed promising performances based on the financial data provided by CNN Money. The company’s total revenue for the past year was $381.23 million, which marked a significant increase of 158.97% compared to the previous year. In the third quarter alone, the total revenue reached $113.07 million, showing a 3.69% increase from the previous quarter.
Despite the positive revenue growth, BHIL reported a net income of -$127.91 million for the past year. However, there was a slight improvement as the net income increased by 1.31% compared to the previous year. In the third quarter, the net income was reported at -$19.24 million, showing a significant increase of 60.82% from the previous quarter.
Earnings per share (EPS) also showed positive growth for BHIL stock. The EPS for the past year was reported at -$0.71, which represented a 31.37% increase compared to the previous year. In the third quarter, the EPS was reported at -$0.09, showing a substantial increase of 69.15% from the previous quarter.
