Earnings Preview: Allot
Portfolio Pulse from Benzinga Insights
Allot (NASDAQ:ALLT) is set to release its latest quarterly earnings report on August 31, 2023. Analysts estimate an earnings per share (EPS) of $-0.26. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. Shares of Allot were trading at $2.5 as of August 29, with a 52-week return of -44.06%.
August 30, 2023 | 4:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Allot's upcoming earnings report could potentially impact its stock price. The company has a history of missing EPS estimates, which has previously led to drops in its share price.
Allot has a history of missing EPS estimates, which has led to drops in its share price. Given this trend, and the fact that analysts are estimating a negative EPS for the upcoming quarter, it's likely that the company's stock price could be negatively impacted following the earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100