Preview: Paysafe's Earnings
Portfolio Pulse from Benzinga Insights
Paysafe (NYSE:PSFE) is set to release its latest quarterly earnings report on Tuesday, 2023-08-15. Analysts estimate an earnings per share (EPS) of $0.13. Last quarter, the company beat EPS by $0.55, which was followed by a 5.98% drop in the share price. Over the last 52-week period, shares are down 56.27%.
August 14, 2023 | 3:01 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Paysafe is expected to report an EPS of $0.13 in its upcoming earnings. The company's stock price has historically been affected by its earnings reports, with a 5.98% drop following last quarter's EPS beat.
Paysafe's stock price has shown to be sensitive to its earnings reports. Given that the company's shares are down 56.27% over the last 52-week period, and the fact that the last earnings beat was followed by a 5.98% drop in share price, it is likely that the upcoming earnings report could have a negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100