Zhihu's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Zhihu (NYSE:ZH) is set to release its quarterly earnings report on August 23, 2023. Analysts estimate an earnings per share (EPS) of $-0.05. The company's past performance shows a pattern of share price drops following earnings reports. Zhihu's shares were trading at $1.11 as of August 21, with a 52-week return of -21.22%.
August 22, 2023 | 3:01 pm
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NEGATIVE IMPACT
Zhihu's upcoming earnings report could potentially impact its share price, given the historical pattern of price drops following earnings reports. The company's shares are currently trading at $1.11, with a 52-week return of -21.22%.
Zhihu's share price has historically dropped following earnings reports. Given that the company's shares are already down 21.22% over the last 52 weeks, the upcoming earnings report could potentially lead to further price drops, especially if the company fails to meet the estimated EPS of $-0.05.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100