Wall
Wall Road expects a year-over-year decline in earnings on decrease revenues when Stepan Co. (SCL) reviews outcomes for the quarter ended December 2019. Whereas this widely-known consensus outlook is vital in gauging the corporate’s earnings image, a robust issue that would influence its near-term inventory value is how the precise outcomes evaluate to those estimates.
The earnings report, which is anticipated to be launched on February 20, 2020, would possibly assist the inventory transfer larger if these key numbers are higher than expectations. Then again, in the event that they miss, the inventory might transfer decrease.
Whereas administration’s dialogue of enterprise circumstances on the earnings call will largely decide the sustainability of the quick value change and future earnings expectations, it is value having a handicapping perception into the percentages of a optimistic EPS shock.
Zacks Consensus Estimate
This specialty chemical compounds firm is anticipated to put up quarterly earnings of $0.88 per share in its upcoming report, which represents a…