AE Earning Date, Earning Analysis and Earning Prediction

Quarterly Results

AE Earnings Forecast

Looking ahead, AE remains a focal point for investors seeking growth opportunities. Analyst forecasts for 2024/Q3 project quarter revenue of 649.00M and an EPS of undefined.

However, recent estimate revisions provide additional context. Over the past three months, revenue estimates for FY2024 have been No Change by 0%, while EPS estimates have been No Change by 0%. For the upcoming , revenue estimates have been adjusted No Change by % . These revisions correlate with a % change in stock price over the same period, suggesting potential buying opportunities for investors who believe in AE long-term fundamentals.

The relationship between earnings forecast revisions and stock price movements is critical for investors. Positive revisions in revenue or EPS often signal strengthening fundamentals, making temporary price dips attractive entry points. Conversely, downward revisions may reflect short-term challenges.

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Revenue Estimates for FY2024

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Revenue Estimates for Q4 2024

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Earnings Forecast

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AI Analysis

Earnings Surprise Analysis

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AI Analysis

Earnings Reaction

The chart below shows how AE performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AE sees a -0.13% change in stock price 10 days leading up to the earnings, and a -2.02% change 10 days following the report. On the earnings day itself, the stock moves by -0.31%. This data can give you a slight idea of what to expect for the next quarter's release.

For example, in JUN/2024, the stock changed -3.19% on the day following the earnings release and then changed by -5.32% over the next 10 days. These patterns provide investors with valuable insights into potential price movements and help inform trading strategies around earnings events.

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Frequently Asked Questions

What were the key highlights of AE's latest earnings report for FY2024Q2?

AE reported its FY2024Q2 earnings on 2024-08-07, showcasing a revenue of 718.49M against an estimate of 644.24M, resulting in a 11.53% surprise. The EPS was -0.87, surpassing the expected -0.21 by -314.29% . The stock experienced a -3.19% price change on the earnings day and a -5.87% change over the next five days, reflecting market reactions to the results.

How did AE's stock price react after the FY2024Q2 earnings release?

Following AE's FY2024Q2 earnings announcement on 2024-08-07, the stock price moved by -3.19% on the day of the release. Over the subsequent five days, it saw a -5.87% change. Historically, AE's stock price tends to shift by an average of -0.13% in the 10 days leading up to earnings and -2.02% in the 10 days following, providing insight into potential market.

What are the revenue and EPS estimates for AE for 2024/Q3?

For 2024/Q3, analysts estimate AE’s annual revenue to reach 649.00M, while the EPS is projected at undefined. These estimates reflect recent revisions, with revenue estimates revised Revenue No Change by 0% and EPS estimates No Change by % over the past three months, indicating analyst expectation in the company’s performance.

How does AE's stock price correlate with earnings forecast revisions?

The correlation between AE's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock’s fundamentals. Over the past three months, revenue estimates for FY2024 were No Change by 0%, while EPS estimates moved No Change by % . This trend suggests that price dips could present buying opportunities for investors.

What should investors expect from AE's next earnings report?

Based on historical trends, AE's stock price typically moves by -0.13% in the 10 days before its earnings and -2.02% in the 10 days after. For the upcoming 2024/Q3 earnings, analysts expect an EPS of undefined and revenue of 649.00M.

What is the sentiment in Adams Resources & Energy Inc (AE) Q4 2023 Earnings Call Summary?

The earnings call reveals mixed financial performance with improved cash flow and reduced losses, but declining revenues and market challenges. The Q&A highlights potential market recovery and operational improvements, but lacks clear timelines and guidance. Despite positive cash and operational metrics, the absence of strong guidance and revenue decline tempers optimism, leading to a neutral sentiment.