Agora's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Agora (NASDAQ:API) is set to release its latest quarterly earnings report on August 21, 2023. Analysts estimate an earnings per share (EPS) of $-0.12. The company's past performance shows a trend of share price drops following earnings reports, despite beating EPS estimates. Agora's shares are currently trading at $2.93, down 30.37% over the last 52-week period.
August 18, 2023 | 2:01 pm
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Agora's upcoming earnings report could potentially impact its stock price. The company's history of share price drops following earnings reports, despite beating EPS estimates, may influence investor sentiment.
Agora's stock price has historically dropped following earnings reports, despite beating EPS estimates. This trend, combined with the overall negative returns over the past year, may lead to bearish sentiment among investors, potentially causing a further drop in the stock price.
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