Preview: Momentus's Earnings
Portfolio Pulse from Benzinga Insights
Momentus (NASDAQ:MNTS) is set to release its quarterly earnings report on Monday, 2023-08-14, with an estimated EPS of $-0.17. The company's past performance shows a trend of missing EPS estimates and subsequent share price drops. The stock is currently trading at $0.3446, down 85.67% over the last 52-week period.
August 11, 2023 | 5:01 pm
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NEGATIVE IMPACT
Momentus's upcoming earnings report could potentially impact its stock price, given its history of missing EPS estimates and subsequent share price drops.
The company has a history of missing EPS estimates, which has led to share price drops in the past. Given this trend, it's likely that the upcoming earnings report could have a negative impact on the stock price, especially if the company misses the EPS estimate again.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100