Earnings Outlook For Futu Holdings
Portfolio Pulse from Benzinga Insights
Futu Holdings (NASDAQ:FUTU) is set to release its latest quarterly earnings report on August 24, 2023. Analysts estimate an earnings per share (EPS) of $0.99. The company's past performance shows a pattern of beating EPS estimates, but this has sometimes been followed by a drop in share price. The stock is currently trading at $48.37 and has seen a 5.16% increase over the last 52-week period.
August 23, 2023 | 2:01 pm
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Futu Holdings is expected to report an EPS of $0.99 in its upcoming earnings report. The company's history of beating EPS estimates could potentially impact the stock price.
Futu Holdings has a history of beating EPS estimates, which can be a positive signal to investors. However, it's important to note that in the past, these beats have sometimes been followed by a drop in share price. Therefore, the impact on the stock price in the short term is uncertain.
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