Earnings Preview For Salem Media Group
Portfolio Pulse from Benzinga Insights
Salem Media Group (NASDAQ:SALM) is set to release its latest quarterly earnings report on Tuesday, 2023-08-08. Analysts estimate an earnings per share (EPS) of $-0.10. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. Shares are currently trading at $0.96 and have seen a 59.19% decrease over the last 52-week period.
August 07, 2023 | 8:01 pm
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Salem Media Group's upcoming earnings report could potentially impact its stock price. The company has a history of missing EPS estimates, which has previously led to drops in share price.
Salem Media Group has a history of missing EPS estimates, which has led to significant drops in its share price. Given this trend and the current estimate for a negative EPS, it is likely that the upcoming earnings report could have a negative impact on the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100