Benzinga | Sep 23, 2021 07:17AM EDT

Ennis: Q2 Earnings Insights



Ennis(NYSE:EBF) stock rose by 0.44% on Wednesday after the company reported its Q2 earnings results on Tuesday, September 21, 2021 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Ennis missed their estimated earnings by 0.0%, which did not surprise analysts.

Revenue was up $13,839,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01, which was followed by a 0.71% increase in the share price the next day.

Here's a look at Ennis's past performance and the resulting price change:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020 Q2 2020EPS Estimate 0.29 0.27 0.27 0.22EPS Actual 0.29 0.28 0.20 0.32 0.25Price Change % 0.44% 0.71% 0.94% -5.71% -0.12%

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).

Guidance

Ennis earnings and revenue guidance hasn't been issued for now.

Listen to the earnings announcement yourself by clicking here.

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