Earnings Preview For Lear
Portfolio Pulse from Benzinga Insights
Lear Corporation (NYSE:LEA) is set to release its latest quarterly earnings report on August 1, 2023. Analysts estimate an earnings per share (EPS) of $3.14. The company's past performance shows a pattern of share price drops following earnings beats. The stock is currently trading at $154.52, with a 52-week return of -0.42%.
July 31, 2023 | 4:02 pm
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Lear Corporation's upcoming earnings report could potentially impact its stock price. The company's history of share price drops following earnings beats could be a concern for investors.
Lear Corporation's stock price has historically dropped following earnings beats. With the upcoming earnings report, there is a potential for a similar pattern to occur, especially if the company beats the estimated EPS of $3.14. This could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100