Stagwell's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Stagwell (NASDAQ:STGW) is set to release its latest quarterly earnings report on Tuesday, 2023-08-08. Analysts estimate an earnings per share (EPS) of $0.20. Last quarter, the company missed EPS by $0.07, which was followed by a 4.16% increase in the share price. Shares of Stagwell were trading at $6.4 as of August 04, with a 52-week increase of 5.21%.

August 07, 2023 | 6:01 pm
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Stagwell is set to release its quarterly earnings report. The company's stock price increased by 4.16% after missing EPS estimates last quarter. The stock is currently trading at $6.4, with a 52-week increase of 5.21%.
Stagwell's stock price increased after missing EPS estimates last quarter, indicating that investors may not be heavily influenced by earnings alone. The upcoming earnings report could have a similar effect, but it's also possible that other factors, such as guidance, could influence the stock price. Given the stock's positive performance over the past 52 weeks, investors may be optimistic going into the earnings release.
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