Casa Systems Earnings Preview
Portfolio Pulse from Benzinga Insights
Casa Systems (NASDAQ:CASA) is set to release its latest quarterly earnings report on Tuesday, 2023-08-08. Analysts estimate an earnings per share (EPS) of $-0.11. The company's past performance shows a pattern of missing EPS estimates, followed by changes in share price. Shares of Casa Systems were trading at $1.06 as of August 04, with a 52-week period showing a 75.75% decrease.
August 07, 2023 | 7:01 pm
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Casa Systems is expected to report an EPS of $-0.11 in its upcoming earnings report. The company's stock has been on a downward trend, decreasing by 75.75% over the last 52 weeks.
Casa Systems has a history of missing EPS estimates, which has been followed by changes in share price. Given the negative trend in the company's stock over the last 52 weeks, it is likely that the upcoming earnings report could further impact the stock negatively, especially if the company misses the EPS estimate again.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100