Exela Technologies (NASDAQ:XELA) is set to give its latest quarterly earnings report on Tuesday, 2022-05-10. Here's what investors need to know before the announcement.
Analysts estimate that Exela Technologies will report an earnings per share (EPS) of $-0.10.
Exela Technologies bulls will hope to hear the company to 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 Exela Technologies's past performance and the resulting price change:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.12 | |||
| EPS Actual | -0.34 | -0.27 | -0.33 | -0.76 |
| Price Change % | -32.68% | -11.47% | 9.47% | -5.29% |
Stock Performance
Shares of Exela Technologies were trading at $0.2881 as of May 06. Over the last 52-week period, shares are down 79.8%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for Exela Technologies visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
