Earnings Outlook For AppLovin
Portfolio Pulse from Benzinga Insights
AppLovin (NASDAQ:APP) is set to release its latest quarterly earnings report on Wednesday, 2023-08-09. Analysts estimate an earnings per share (EPS) of $0.07. The company's past performance shows a pattern of share price increases following earnings reports, despite missing EPS estimates. Shares of AppLovin were trading at $30.78 as of August 07, with a 52-week decrease of 26.03%.
August 08, 2023 | 7:01 pm
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AppLovin is set to release its quarterly earnings report. Despite past EPS misses, the share price often increases after the report.
The news is directly about AppLovin's upcoming earnings report. Despite missing EPS estimates in the past, the company's share price has often increased following the report. This pattern could suggest investor confidence in the company's overall performance and growth potential, which could positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100