Envela Earnings Preview
Portfolio Pulse from Benzinga Insights
Envela (AMEX:ELA) is set to release its quarterly earnings report on August 2, 2023. Analysts estimate an earnings per share (EPS) of $0.08. The company's past performance shows a trend of beating EPS estimates, which has often resulted in a share price increase. Envela's shares were trading at $7.49 as of July 31, with a 52-week increase of 7.38%.
August 04, 2023 | 10:34 am
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Envela is expected to report an EPS of $0.08 in its upcoming earnings release. The company has a history of beating EPS estimates, which could potentially lead to a share price increase.
Envela has a history of beating EPS estimates, which has often resulted in a share price increase. If the company beats the EPS estimate of $0.08, it could potentially lead to a positive impact on the share price. However, the actual impact will also depend on the company's guidance for the next quarter.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100