How did SRTS's Q1 2024 EPS surprise impact its stock?
4/7/2025 11:14am
SRTS's Q1 2024 EPS surprise of $0.17 had a mixed impact on the stock, with fluctuations over the reporting period. Here's a detailed analysis:
1. **Initial Reaction**: The stock showed a positive reaction initially, with a percentage change of 5.51% on the day the earnings were released, March 31, 2024. This suggests that investors may have had positive expectations or reacted favorably to the earnings news.
2. **Subsequent Performance**: However, the stock's performance declined over the subsequent days, with a decrease of 3.83% on April 2, 2024, and a further decrease of 18.27% by March 28, 2024. This downturn could indicate that negative factors or concerns overshadowed the positive impact of the earnings surprise.
3. **Volatility**: The stock experienced significant volatility, with a notable increase of 6.3% on February 29, 2024, followed by a decrease of 8.98% on March 31, 2024. This volatility suggests that factors other than the earnings surprise were at play, possibly including market conditions, company-specific news, or investor sentiment.
4. **Overall Trend**: The stock's overall trend over the period was negative, with the lowest price recorded on March 28, 2024, which was a 3.06% decrease from the previous day. This indicates that the earnings surprise may not have been enough to sustain a positive trend in the stock price.
In conclusion, while the Q1 2024 EPS surprise may have led to a brief positive reaction in the stock, the overall impact was muted, and the stock experienced significant volatility and a decline in value over the reporting period.
|code|Ticker|Name|Date|EPS Surprise YoY|EPS Surprise|market_code|
|---|---|---|---|---|---|---|
|SRTS|SRTS.O|Sensus Healthcare|20230630|-25.000000000000007|0.06|186|
|SRTS|SRTS.O|Sensus Healthcare|20230930|-250|-0.07|186|
|SRTS|SRTS.O|Sensus Healthcare|20231231|333.33333333333337|0.14|186|
|SRTS|SRTS.O|Sensus Healthcare|20240331|168.00000000000003|0.17|186|
|code|Ticker|Name|Date|Percentage Change|market_code|
|---|---|---|---|---|---|
|SRTS|SRTS.O|Sensus Healthcare|20230403|1.3436|186|
|SRTS|SRTS.O|Sensus Healthcare|20230404|-2.4621|186|
|SRTS|SRTS.O|Sensus Healthcare|20230405|-5.0485|186|
|SRTS|SRTS.O|Sensus Healthcare|20230406|-1.8405|186|
|SRTS|SRTS.O|Sensus Healthcare|20230410|5|186|
|SRTS|SRTS.O|Sensus Healthcare|20230411|2.1825|186|
|SRTS|SRTS.O|Sensus Healthcare|20230412|-1.3592|186|
|SRTS|SRTS.O|Sensus Healthcare|20230413|1.1811|186|
|SRTS|SRTS.O|Sensus Healthcare|20230414|-1.751|186|
|SRTS|SRTS.O|Sensus Healthcare|20230417|3.1683|186|