Earnings Preview: Embecta
Portfolio Pulse from Benzinga Insights
Embecta (NASDAQ:EMBC) is set to release its latest quarterly earnings report on Tuesday, 2023-08-08. Analysts estimate an earnings per share (EPS) of $0.46. Last quarter, the company beat EPS by $0.26, but the share price dropped by 0.0% the next day. The company's shares were trading at $21.43 as of August 04, and over the last 52-week period, shares are down 29.16%.
August 07, 2023 | 5:01 pm
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Embecta is expected to report an EPS of $0.46 in its upcoming earnings report. The company's stock price has been on a downward trend, with a 29.16% drop over the last 52 weeks.
Embecta's stock price has been on a downward trend, which may continue if the company does not meet or exceed the estimated EPS of $0.46 in its upcoming earnings report. Last quarter, despite beating the EPS estimate, the stock price dropped, indicating that investor sentiment may be low.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100