DEO Earnings

DEO reported its earnings on 2024-08-06, showcasing a revenue of 0.00 against an estimate of 0.00, resulting in a 0% surprise. The EPS was 0, surpassing the expected 0 by 0% . The stock experienced a 0.88% price change on the earnings day and a 3.73% change over the next five days, reflecting market reactions to the results.

Following DEO's earnings announcement on 2024-08-06, the stock price moved by 0.88% on the day of the release. Over the subsequent five days, it saw a 3.73% change. Historically, DEO's stock price tends to shift by an average of +6.10% in the 10 days leading up to earnings and +6.07% in the 10 days following, providing insight into potential market.

For , analysts estimate DEO’s annual revenue to reach undefined, while the EPS is projected at undefined. These estimates reflect recent revisions, with revenue estimates revised Revenue Revise Downward by -1.78% and EPS estimates No Change by 0% over the past three months, indicating analyst expectation in the company’s performance.

The correlation between DEO'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 FY2026 were Revise Downward by -1.78%, while EPS estimates moved No Change by 0% . This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, DEO's stock price typically moves by +6.10% in the 10 days before its earnings and +6.07% in the 10 days after. For the upcoming earnings, analysts expect an EPS of undefined and revenue of undefined.

The earnings call summary highlights several concerns: a decline in organic net sales, operating margin pressure, and a challenging operating environment with supply chain issues and competitive pressures. Despite a 5% dividend increase and strong free cash flow, the negative sentiment from analysts in the Q&A section, particularly regarding supply chain challenges and lack of clarity on sales figures, suggests a negative market reaction. The decline in organic operating margin and net sales, coupled with cautious consumer behavior, outweighs positive aspects, leading to a negative outlook for the stock price.