Benzinga | Nov 17, 2021 11:52AM EST

Haynes International's Earnings Outlook

Haynes International (NASDAQ:HAYN) is set to give its latest quarterly earnings report on Thursday, 2021-11-18. Here's what investors need to know before the announcement.

Analysts estimate that Haynes International will likely report an Earnings Per Share (EPS) of $0.07

Haynes International 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).

Historical Earnings Performance

Last quarter the company beat EPS by $0.13, which was followed by a 6.31% drop in the share price the next day.

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

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate -0.10 -0.58 -0.53 -0.70EPS Actual 0.03 -0.29 -0.65 -0.46Price Change % -6.31% 3.36% 0.17% 6.95%

Stock Performance

Shares of Haynes International were trading at $42.89 as of November 16. Over the last 52-week period, shares are up 101.99%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.