CPSI (NASDAQ:CPSI) is set to give its latest quarterly earnings report on Thursday, 2024-02-29. Here's what investors need to know before the announcement.

Analysts estimate that CPSI will report an earnings per share (EPS) of $0.35.

CPSI bulls will hope to hear the company 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 $0.03, which was followed by a 11.46% drop in the share price the next day.

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

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.42	0.58	0.70	0.58
EPS Actual	0.45	0.40	0.58	0.61
Price Change %	-11.0%	-20.0%	3.0%	4.0%

eps graph

Stock Performance

Shares of CPSI were trading at $9.39 as of February 27. Over the last 52-week period, shares are down 69.81%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

To track all earnings releases for CPSI visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Preview: CPSI