Earnings Outlook For BM Technologies
Portfolio Pulse from Benzinga Insights
BM Technologies (BMTX) is set to release its latest quarterly earnings report on August 22, 2023. Analysts estimate an earnings per share (EPS) of $-0.24. The company's past performance shows a pattern of share price drops following earnings reports, even when beating estimates. The stock is currently trading at $2.61, down 60.89% over the last 52-week period.
August 21, 2023 | 3:01 pm
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BM Technologies is expected to report a negative EPS of $-0.24. Despite beating estimates in the past, the company's share price has typically dropped post-earnings. The stock is currently down 60.89% over the last 52 weeks.
BM Technologies has a history of share price drops following earnings reports, even when beating estimates. Given the negative EPS estimate and the stock's poor performance over the last year, it's likely that the upcoming earnings report could further negatively impact the stock price.
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IMPORTANCE 80
RELEVANCE 100