Earnings Preview: ATA Creativity Glb
Portfolio Pulse from Benzinga Insights
ATA Creativity Glb (NASDAQ:AACG) is set to release its latest quarterly earnings report on August 10, 2023. Analysts estimate an earnings per share (EPS) of $-0.21. The company's past performance shows a pattern of beating EPS estimates but experiencing a drop in share price. The stock is currently trading at $1.2198, down 34.55% over the last 52-week period.
August 09, 2023 | 5:03 pm
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ATA Creativity Glb is expected to report an EPS of $-0.21. Despite beating EPS estimates in the past, the company's share price has typically dropped. The stock is currently down 34.55% over the last 52 weeks.
The company has a history of beating EPS estimates but this has not translated into a rise in share price. Given the current negative trend of the stock, it is likely that the upcoming earnings report could further depress the share price, especially if the company fails to meet the EPS estimate or provide positive guidance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100