Weibo Earnings Preview
Portfolio Pulse from Benzinga Insights
Weibo (NASDAQ:WB) is set to release its quarterly earnings report on August 24, 2023. Analysts estimate an earnings per share (EPS) of $0.51. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $13.16, down 34.55% over the last 52-week period.
August 23, 2023 | 2:01 pm
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NEUTRAL IMPACT
Weibo's upcoming earnings report could potentially impact its stock price. The company's past earnings have shown a mixed effect on the share price. The stock is currently down 34.55% over the last 52-week period.
Weibo's earnings report is a significant event that could influence its stock price. The company's past earnings have shown a mixed effect on the share price, indicating that the market's reaction to earnings reports can be unpredictable. Given the stock's negative performance over the past year, investors will be closely watching this earnings report.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100