Benzinga | Dec 7, 2021 10:21AM EST

Earnings Preview: MIND Technology

MIND Technology (NASDAQ:MIND) is set to give its latest quarterly earnings report on Wednesday, 2021-12-08. Here's what investors need to know before the announcement.

Analysts estimate that MIND Technology will likely report an Earnings Per Share (EPS) of $-0.19.

MIND Technology 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 missed EPS by $0.10, which was followed by a 4.55% increase in the share price the next day.

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

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021EPS Estimate -0.15 -0.38 -0.07 -0.22EPS Actual -0.25 -0.31 -0.29 -0.24Price Change % 4.55% -7.3% -0.84% 3.67%

Stock Performance

Shares of MIND Technology were trading at $1.58 as of December 06. Over the last 52-week period, shares are down 38.74%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here