SPAR Group Inc (SGRP) FY2024Q1 Earning Prediction
SPAR Group Inc (SGRP) is set to release its earnings performance on 05/15 ET in trading. Consensus forecasts predict a revenue of 48.00M and an earnings per share (EPS) of -0.02 for the . With Intellectia's exclusive AI algorithms, users can predict whether the earnings will beat or miss expectations before the report drops. Leverage this powerful tool to strategize and position your trades ahead of the earnings release!
Earnings Surprise Analysis
SGRP Transcript
The earnings call presents mixed signals: strong growth in US and Canada, significant revenue increase, and a share buyback program are positive. However, challenges in EMEA, APAC, and South Africa, along with complexity in global operations and lack of clear guidance, offset these positives. The Q&A highlights concerns about margins and future guidance, leading to a neutral outlook.
The earnings call reveals mixed results: a decline in consolidated revenue and regional declines in EMEA and Asia Pacific, but positive growth in U.S. and Canada merchandising. Improved gross margins and a return to profitability are positives. However, the lack of clear guidance on strategic alternatives and ongoing economic challenges in key regions temper optimism. The Q&A highlights some recovery in remodel business and significant growth in Mexico, but concerns remain about cost structure. Overall, the sentiment is balanced, with no strong catalysts for a significant stock price movement.
SGRP Report
Frequently Asked Questions
What is the SPAR Group Inc FY2024Q1 Earnings Release Date and Time?
SPAR Group Inc (SGRP) is scheduled to release its FY2024Q1 earnings report onMay 15, 2024, (approximately 4:00 PM ET). This timing allows investors to react during after-hours trading, with a conference call typically following shortly after.
What Are the Consensus Forecasts for SPAR Group Inc FY2024Q1 Revenue and EPS?
Analysts' consensus predicts 48.00M in revenue and an EPS of -0.02 for SPAR Group Inc's FY2024Q1.
What Does Intellectia's AI Predict for SPAR Group Inc FY2024Q1 Earnings?
Intellectia's exclusive AI algorithms forecast a forSPAR Group Inc's FY2024Q1 earnings, with a prediction date of May 15, 2024. SPAR Group Inc
How Can I Use This Earnings Prediction to Trade SGRP Stock?
Leverage Intellectia's AI forecast to position trades ahead of theMay 15, 2024 release—consider calls for a beat scenario or protective puts for misses. Focus on pre-market volatility, and use the scenario probabilities to build strategies around revenue and guidance updates.
How Accurate Is Intellectia's AI for Earnings Predictions Like SPAR Group Inc FY2024Q1?
Intellectia's predictions are backed by rigorous backtesting, showing a high hit rate for Beat and Miss calls compared to traditional analysis. While no forecast is 100% certain, we provide probability-based scenarios (e.g., 50% chance of a *Beat*) and detailed rationales to help you make informed decisions. Combine our insights with your strategy for the best results—it's like having a co-pilot for earnings season! Empowering users to strategize trades before reports drop.
How does AI Earnings Prediction generate its forecasts?
AI Earnings Prediction uses advanced Large Language Models (LLMs) to analyze a wealth of data, including past earnings transcripts, real-time market sentiment, analyst insights, and company news from the last three months. It focuses on key indicators like revenue, EPS, and margins to predict whether a company will *Beat*, *Miss*, or remain Neutral relative to market expectations. Think of it as a super-smart analyst crunching numbers and news 24/7 to give you a trading edge!
When are the predictions available, and how often are they updated?
Predictions are generated two days before a company’s earnings release (e.g., 5:00 PM ET on Feb 13 for a Feb 15 report) to capture the latest market and company data. They’re updated in real-time if significant news breaks, ensuring you get fresh insights.
Can I use AI Earnings Prediction for all types of stocks?
Currently, AI Earnings Prediction focuses on companies with market caps above $40 billion, covering major players like SPG, AAPL, MSFT, and NVDA for the 2025-2026 earnings seasons. We prioritize high-impact stocks with robust data to ensure reliable forecasts. Stay tuned as we expand coverage to more companies based on user demand!
