Earnings Outlook For Paltalk
Portfolio Pulse from Benzinga Insights
Paltalk (NASDAQ:PALT) is set to release its latest quarterly earnings report on Tuesday, 2023-08-08. Analysts estimate an earnings per share (EPS) of $-0.04. The company's past performance shows a pattern of missing EPS estimates but experiencing share price increases. Shares were trading at $1.72 as of August 04, with a 52-week decrease of 4.42%.
August 07, 2023 | 7:01 pm
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Paltalk is expected to report an EPS of $-0.04 in its upcoming earnings report. Despite past EPS misses, the company's share price has often increased.
Paltalk's upcoming earnings report is expected to show an EPS of $-0.04. Despite missing EPS estimates in the past, the company's share price has often increased. This pattern suggests that investors may be more focused on other aspects of the company's performance. However, the overall negative return over the past 52 weeks may indicate dissatisfaction among long-term shareholders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100