Preview: Ring Energy's Earnings
Portfolio Pulse from Benzinga Insights
Ring Energy (AMEX:REI) is set to release its quarterly earnings report on August 3, 2023. Analysts estimate an EPS of $0.10. The company's past performance shows a pattern of beating EPS estimates, which has often led to an increase in share price. However, the stock has been down 14.31% over the last 52-week period.
August 04, 2023 | 12:04 pm
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NEUTRAL IMPACT
Ring Energy's upcoming earnings report could impact its stock price. Despite past EPS beats, the stock has been down 14.31% over the last 52-week period.
Ring Energy's stock price could be influenced by its upcoming earnings report. The company has a history of beating EPS estimates, which has often led to an increase in share price. However, the stock has been down 14.31% over the last 52-week period, indicating a bearish sentiment among long-term shareholders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100