Earnings Outlook For Largo
Portfolio Pulse from Benzinga Insights
Largo (NASDAQ:LGO) is set to release its latest quarterly earnings report on August 9, 2023. Analysts estimate an earnings per share (EPS) of $-0.09. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. Shares of Largo are currently trading at $4.33 and have seen a 45.47% decrease over the last 52-week period.
August 08, 2023 | 4:02 pm
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Largo's upcoming earnings report is expected to show an EPS of $-0.09. The company's history of missing EPS estimates and subsequent share price drops could potentially continue, impacting the stock negatively.
Largo has a history of missing EPS estimates, which has consistently led to drops in its share price. Given that analysts are predicting a negative EPS for the upcoming quarter, it's likely that the company may miss this estimate as well. This, combined with the company's overall negative stock performance over the past year, suggests that the stock could potentially continue to decline in the short term.
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