Preview: VNET Gr's Earnings
Portfolio Pulse from Benzinga Insights
VNET Gr (NASDAQ:VNET) is set to release its latest quarterly earnings report on August 23, 2023. Analysts estimate an earnings per share (EPS) of $-0.05. The company's past performance shows a trend of share price drops following earnings reports, even when beating estimates. The stock is currently trading at $3.14, down 38.33% over the last 52-week period.
August 22, 2023 | 3:01 pm
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VNET Gr is expected to report an EPS of $-0.05 in its upcoming earnings. The company's stock has historically dropped following earnings reports, even when beating estimates.
VNET Gr's stock has shown a trend of dropping following earnings reports, even when beating estimates. This, combined with the current negative returns, suggests a potential negative short-term impact on the stock price following the upcoming earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100