IBEX Holdings(NASDAQ:IBEX) stock rose by 0.84% on Wednesday after the company reported its Q4 earnings results on Tuesday, September 14, 2021 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
IBEX Holdings beat their estimated earnings by 93.75%, which surprised analysts.
Revenue was up $7,998,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1, which was followed by a 1.63% drop in the share price the next day.
Here’s a look at IBEX Holdings’s past performance and the resulting price change:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|---|
| EPS Estimate | 0.16 | 0.22 | 0.28 | 0.16 | 0.16 |
| EPS Actual | 0.31 | 0.32 | 0.33 | 0.31 | 0.14 |
| Price Change % | 0.84% | -1.63% | 3.42% | 7.95% | 26.61% |
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
IBEX Holdings earnings and revenue guidance hasn’t been issued for now.
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.