Earnings Preview For Microvision
Portfolio Pulse from Benzinga Insights
Microvision (NASDAQ:MVIS) is set to release its latest quarterly earnings report on Tuesday, 2023-08-08. Analysts estimate an earnings per share (EPS) of $-0.10. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. Shares are currently trading at $3.48, down 34.25% over the last 52-week period.
August 07, 2023 | 5:01 pm
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NEGATIVE IMPACT
Microvision's upcoming earnings report could impact its stock price. The company has a history of missing EPS estimates, which has led to share price drops. Its shares are currently down 34.25% over the last 52-week period.
Microvision's stock price has historically been negatively impacted by its earnings reports, particularly when it misses EPS estimates. Given that analysts are predicting an EPS of $-0.10 for the upcoming report, and considering the company's past performance, there is a high likelihood that the stock price could be negatively impacted again.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100