Benzinga | Dec 21, 2021 10:23AM EST

Earnings Preview For RF Industries

RF Industries (NASDAQ:RFIL) is set to give its latest quarterly earnings report on Wednesday, 2021-12-22. Here's what investors need to know before the announcement.

Analysts estimate that RF Industries will likely report an Earnings Per Share (EPS) of $0.12.

RF Industries 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 $0.05, which was followed by a 4.5% drop in the share price the next day.

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

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate 0.08 0.01EPS Actual 0.13 0.49 -0.03 0.04Price Change % -4.5% -0.88% -2.28% -12.65%

Stock Performance

Shares of RF Industries were trading at $7.17 as of December 20. Over the last 52-week period, shares are up 43.78%. 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.