Earnings Preview For Cerence
Portfolio Pulse from Benzinga Insights
Cerence (NASDAQ:CRNC) is set to release its latest quarterly earnings report on August 8, 2023. Analysts estimate an earnings per share (EPS) of $-0.15. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $26.13, up 10.88% over the last 52-week period.
August 07, 2023 | 6:01 pm
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NEUTRAL IMPACT
Cerence's upcoming earnings report could impact its stock price. The company's past earnings have shown a mixed effect on the share price. The stock has been performing well over the past year, which could indicate investor confidence.
The upcoming earnings report is a significant event for Cerence and its investors. While past earnings have shown a mixed impact on the share price, the overall positive performance of the stock over the past year could indicate investor confidence. However, the actual impact will depend on whether the company meets or exceeds the estimated EPS and the guidance it provides for the next quarter.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100