Rent the Runway's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Rent the Runway (NASDAQ:RENT) is set to release its quarterly earnings report on June 7, 2023, with analysts estimating an EPS of $-0.49. The company's past performance has shown mixed results, with share prices fluctuating after earnings releases. Shares are currently trading at $2.09 and have experienced a 37% decline over the last 52 weeks.
June 06, 2023 | 3:00 pm
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Rent the Runway's upcoming earnings report on June 7, 2023, has an estimated EPS of $-0.49. The company's past performance has shown mixed results, with share prices fluctuating after earnings releases. Shares are currently trading at $2.09 and have experienced a 37% decline over the last 52 weeks.
The upcoming earnings report for Rent the Runway has an estimated EPS of $-0.49, which may not have a significant impact on the stock price. However, the company's past performance has shown mixed results, with share prices fluctuating after earnings releases. Given the 37% decline in share price over the last 52 weeks, long-term shareholders may be unhappy going into this earnings release. The stock's short-term impact will depend on the actual EPS and any guidance provided by the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100