ATRenew's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
ATRenew (NYSE:RERE) is set to release its latest quarterly earnings report on August 23, 2023. Analysts estimate an earnings per share (EPS) of $0.06. The company's past performance shows a pattern of beating EPS estimates, which has generally led to an increase in share price. However, the stock has been down 29.62% over the last 52-week period.
August 22, 2023 | 3:01 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
ATRenew is expected to report an EPS of $0.06 in its upcoming earnings. The company's history of beating EPS estimates could potentially lead to a short-term increase in share price, despite a 29.62% decrease over the past year.
ATRenew has a history of beating EPS estimates, which has generally led to an increase in share price. However, the stock has been down 29.62% over the last 52-week period, indicating a bearish sentiment among long-term shareholders. The upcoming earnings report could potentially influence the stock's short-term performance, depending on whether the company meets or exceeds the EPS estimate and the guidance it provides for the next quarter.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100