Microvast Holdings's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Microvast Holdings (NASDAQ:MVST) is set to release its latest quarterly earnings report on August 7, 2023. Analysts estimate an earnings per share (EPS) of $-0.09. The company's past performance shows a mixed trend with the last quarter witnessing a 42.75% increase in share price following an EPS miss. The stock is currently trading at $2.63, down 5.62% over the last 52-week period.
August 04, 2023 | 4:02 pm
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Microvast Holdings is expected to report an EPS of $-0.09 in its upcoming earnings. The stock has seen a mixed trend in the past, with the last quarter witnessing a significant increase in share price despite an EPS miss.
The upcoming earnings report is a significant event for Microvast Holdings. While the company has seen a mixed trend in the past, the last quarter saw a significant increase in share price despite an EPS miss. This suggests that the market's reaction to the company's earnings may not be predictable based solely on whether it beats or misses estimates. The stock's performance over the last 52-week period has been negative, which may indicate bearish sentiment among long-term shareholders.
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