Top Ships Inc (TOPS) Earnings

12.70 ↓0.05 (-0.39%)
As of April 19, 2024, 10:10am EST.
Last earnings report date: 0000-00-00Next earnings report date: N/A

Should You Buy TOPS Before Earnings?

Based on the last three years of earnings reports, buying TOPS stock within four weeks before its earnings date yielded an average return of -6.76%.

The best time to buy before earnings was 1 day before, which yielded an average return of 1.11% by the earnings date. The worst time was 28 days before, which yielded an average return of -13.91%.

Report dates analyzed: Mar 31 2021 - Feb 28 2024*

Disclaimer: Past performances is not a guarantee of future results.

Should You Buy TOPS After Earnings?

Based on the last three years of earnings reports, on average, TOPS has gone up 6.97% shortly after its earnings date. The price peaks 21 days after earnings and is on average 53.29% higher than its closing price on day of earnings.

Since TOPS has typically gone up after earnings, you might want to consider buying the stock before.

Report dates analyzed: Mar 31 2021 - Feb 28 2024*

Disclaimer: Past performances is not a guarantee of future results.

Average Gains

The average return if you bought Top Ships before its earnings report and sold at close on its earnings day.

Period28 Day Before21 Days Before14 Days Before7 Days Before1 Day BeforeDay Of
Past 4 Earnings
-4.43%

-8.59%

1.19%

5.07%

5.57%

4.28%
Past 8 Earnings
-10.85%

-11.05%

-3.32%

-2.77%

1.96%

0.86%
Past 12 Earnings
-13.91%

-11.91%

-6.43%

-2.66%

1.11%

0.25%

TOPS Earnings History

Report Date28 Day Before21 Days Before14 Days Before7 Days Before1 Day BeforeDay Of1 Day After7 Days After14 Days After21 Days After28 Days After
2024-02-2813.75
-2.11%
13.44
0.19%
N/AN/AN/AN/AN/AN/AN/AN/AN/A
2023-08-030.61
11.64%
0.70
-2.71%
0.70
-2.58%
0.69
-1.30%
0.70
-3.34%
0.68
-3.75%
0.74
8.66%
0.80
17.47%
0.75
9.85%
0.71
4.26%
0.75
10.13%
2023-04-140.85
0.57%
0.85
0.58%
0.88
-2.75%
0.87
-1.75%
0.85
0.12%
0.85
-0.51%
0.85
-0.68%
0.80
-6.41%
0.74
-13.41%
0.71
-16.96%
0.74
-13.44%
2023-03-011.33
-27.82%
1.42
-32.39%
0.87
10.10%
0.78
23.35%
0.77
25.49%
0.96
21.37%
0.93
-3.33%
1.05
9.38%
0.84
-12.50%
0.85
-11.35%
0.88
-8.85%
2022-11-174.74
-29.33%
4.74
-29.33%
4.07
-17.69%
3.58
-6.43%
3.41
-1.76%
3.35
-0.59%
3.25
-2.99%
2.24
-33.13%
3.63
8.36%
1.68
-49.85%
1.45
-56.72%
2022-09-050.40
-28.28%
0.38
-25.64%
0.32
-11.51%
0.29
-2.33%
0.29
-0.46%
N/A0.26
-3.30%
0.27
0.45%
0.23
-14.97%
2.38
782.14%
3.27
1.00%
2022-04-151.10
-13.45%
1.07
-11.02%
1.03
-7.56%
0.98
-2.80%
0.96
-0.61%
N/A0.97
-1.02%
0.80
-18.37%
0.73
-25.58%
0.71
-27.50%
0.67
-31.63%
2022-03-141.01
1.98%
0.92
11.96%
0.98
5.43%
1.49
-30.87%
1.07
-3.74%
1.03
-9.65%
1.00
-2.91%
1.06
2.91%
1.03
0.00%
1.02
-0.97%
0.96
-6.80%
2021-11-181.50
-23.33%
1.37
-16.06%
1.30
-11.54%
1.24
-7.26%
1.17
-1.71%
1.15
-2.54%
1.11
-3.48%
1.17
1.74%
1.02
-11.30%
1.06
-7.83%
0.92
-20.22%
2021-08-091.49
-12.08%
1.28
2.34%
1.33
-1.50%
1.31
0.00%
1.31
0.00%
1.31
-0.76%
1.30
-0.76%
1.27
-3.44%
1.17
-10.69%
1.26
-3.82%
1.29
-1.53%
2021-04-232.06
-26.21%
1.86
-18.28%
1.71
-11.11%
1.45
4.83%
1.50
1.33%
1.52
2.01%
1.67
9.87%
1.68
10.53%
1.65
8.55%
1.47
-3.29%
1.53
0.66%

Methodology

We analyzed the past three years of TOPS's earnings reports to calculate the average change in price of the stock before and after earnings.

Before Earnings

For calculating the average gains if you bought prior to earnings, we looked at the closing price of 5 different dates and compared them to the closing price of TOPS on the day of the earnings report to calculate the return. The dates analyzed are:

  • 28 days prior (4 weeks)
  • 21 days prior (3 weeks)
  • 14 days prior (2 weeks)
  • 7 days prior (1 week)
  • 1 day prior

This simulates an individual purchasing TOPS stock on one of those days and selling on the day of the earnings report.

After Earnings

For calculating the average gains if you bought TOPS stock on the day of earnings, we looked at the closing price of TOPS on the day of the earnings and then compared it to 5 dates after. The dates analyzed are:

  • 1 day after
  • 7 days after (1 week)
  • 14 days after (2 weeks)
  • 21 days after (3 weeks)
  • 28 day after (4 weeks)

This simulates an individual purchasing TOPS stock on the day of the earnings report and then selling on one of the dates following.

Day of

To calculate the gains on the day of earnings, we compared the opening price of TOPS to the closing price on the day of earnings - regardless if the earnings call was pre- or post-market.

Discussions

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Modok

$TOPS Let’s goooo

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