Preview: Fluence Energy's Earnings
Portfolio Pulse from Benzinga Insights
Fluence Energy (NASDAQ:FLNC) is set to release its latest quarterly earnings report on Wednesday, 2023-08-09. Analysts estimate an EPS of $-0.16. The company's past performance shows a pattern of share price increase following earnings reports, even when EPS estimates were missed. The stock is currently trading at $27.15, up 50.95% over the last 52-week period.
August 08, 2023 | 2:01 pm
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Fluence Energy is expected to report an EPS of $-0.16 in its upcoming earnings. The company's stock has historically increased post-earnings, even when missing EPS estimates. The stock is currently up 50.95% YoY.
Fluence Energy's stock has shown a pattern of increasing after earnings reports, even when the company misses EPS estimates. This suggests that investors are more focused on the company's overall performance and future prospects than on individual quarterly earnings. Given the stock's strong performance over the past year, it's likely that investors will remain bullish unless the upcoming earnings report contains significantly negative news.
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