Rapid Micro Biosystems's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Rapid Micro Biosystems (NASDAQ:RPID) is set to release its quarterly earnings report on August 4, 2023. Analysts estimate an earnings per share (EPS) of $-0.36. The company's past performance shows a mixed trend of beating and missing EPS estimates, with varying impacts on the share price. The stock is currently trading at $1.02, down 77.9% over the last 52-week period.
August 04, 2023 | 2:14 pm
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NEGATIVE IMPACT
Rapid Micro Biosystems is expected to report an EPS of $-0.36. The company's stock has been on a downward trend, with a 77.9% decrease over the past year. The upcoming earnings report could influence the stock's performance.
The company's stock has been on a downward trend, which indicates investor sentiment is negative. The upcoming earnings report, especially the guidance, could further impact the stock price. If the company misses the EPS estimate or provides negative guidance, the stock price could continue to fall.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100