Preview: GoPro's Earnings
Portfolio Pulse from Benzinga Insights
GoPro (NASDAQ:GPRO) is set to release its latest quarterly earnings report on August 3, 2023. Analysts estimate an earnings per share (EPS) of $-0.07. The company's past performance shows a trend of share price drops following earnings reports. Shares of GoPro were trading at $4.11 as of August 01, with a 52-week decrease of 41.67%.
August 04, 2023 | 11:33 am
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GoPro's upcoming earnings report could potentially impact its share price, given the historical trend of price drops following earnings reports. The company's shares have been on a downward trend, decreasing by 41.67% over the last 52 weeks.
Given GoPro's historical performance, there is a high likelihood of a share price drop following the earnings report. This is especially relevant considering the company's overall negative performance over the past year, with a 41.67% decrease in share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100