Earnings Outlook For Instructure Hldgs
Portfolio Pulse from Benzinga Insights
Instructure Hldgs (NYSE:INST) is set to release its latest quarterly earnings report on July 31, 2023. Analysts estimate an earnings per share (EPS) of $0.19. The company's past performance shows a pattern of share price drops following earnings reports, despite beating EPS estimates. The stock is currently trading at $26.31, up 9.73% over the last 52-week period.
July 28, 2023 | 2:02 pm
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Instructure Hldgs is expected to report an EPS of $0.19 in its upcoming earnings report. Despite beating EPS estimates in the past, the company's share price has typically dropped following the report.
Instructure Hldgs has a history of its share price dropping following earnings reports, even when it beats EPS estimates. This pattern, combined with the upcoming earnings report, could potentially lead to a short-term decrease in the company's stock price.
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