NuStar Energy (NYSE:NS) is set to give its latest quarterly earnings report on Thursday, 2024-02-15. Here's what investors need to know before the announcement.

Analysts estimate that NuStar Energy will report an earnings per share (EPS) of $0.27.

NuStar Energy 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).

Past Earnings Performance

Last quarter the company missed EPS by $0.07, which was followed by a 0.5% drop in the share price the next day.

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

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.27	0.15	0.27	0.38
EPS Actual	0.20	0.09	0.24	0.34
Price Change %	-0.5%	-1.84%	2.29%	0.83%

eps graph

Stock Performance

Shares of NuStar Energy were trading at $22.58 as of February 13. Over the last 52-week period, shares are up 36.34%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

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

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

NuStar Energy Earnings Preview