Brookfield Bus Partners (NYSE:BBU) is set to give its latest quarterly earnings report on Friday, 2024-02-02. Here's what investors need to know before the announcement.
Analysts estimate that Brookfield Bus Partners will report an earnings per share (EPS) of $6.42.
Brookfield Bus Partners bulls will hope to hear the company 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 Brookfield Bus Partners's past performance and the resulting price change:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | ||||
| EPS Actual | -0.2 | 0.85 | 1.75 | 1.49 |
| Price Change % | 12.56% | -0.11% | 5.16% | -0.98% |
Stock Performance
Shares of Brookfield Bus Partners were trading at $21.63 as of January 31. Over the last 52-week period, shares are down 1.58%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
This article was generated by Benzinga's automated content engine and reviewed by an editor.