Oil-Dri Corp of America (NYSE:ODC) is set to give its latest quarterly earnings report on Friday, 2022-03-11. Here's what investors need to know before the announcement.
Analysts estimate that Oil-Dri Corp of America will report an earnings per share (EPS) of $0.05.
Oil-Dri Corp of America 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).
Here's a look at Oil-Dri Corp of America's past performance and the resulting price change:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | ||||
| EPS Actual | 0.08 | 0.08 | 0.32 | 0.61 |
| Price Change % | 1.34% | 0.46% | -3.66% | -1.72% |
Stock Performance
Shares of Oil-Dri Corp of America were trading at $29.36 as of March 08. Over the last 52-week period, shares are down 22.31%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
If you want to track all upcoming earnings announcements, check out our Earnings Calendar here
