Earnings Preview: Farfetch
Portfolio Pulse from Benzinga Insights
Farfetch (NYSE:FTCH) is set to release its latest quarterly earnings report on August 17, 2023. Analysts estimate an earnings per share (EPS) of $-0.42. The company's past performance shows a trend of beating EPS estimates, which has often resulted in a share price increase. However, the stock has been down 47.33% over the last 52-week period.
August 16, 2023 | 3:01 pm
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Farfetch is expected to report an EPS of $-0.42 in its upcoming earnings. The company has a history of beating EPS estimates, which has often led to a share price increase. However, the stock has been down 47.33% over the last 52 weeks.
The upcoming earnings report is highly relevant to Farfetch's stock. While the company has a history of beating EPS estimates, which has often led to a share price increase, the overall performance of the stock has been negative over the past year. This could indicate investor skepticism about the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100