Arco Platform's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Arco Platform (NASDAQ:ARCE) is set to release its latest quarterly earnings report on August 31, 2023. Analysts estimate an earnings per share (EPS) of $-0.09. The company's past performance shows a pattern of share price changes following earnings reports. The stock was trading at $13.68 as of August 29, with a 1.44% increase over the last 52-week period.
August 30, 2023 | 4:01 pm
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NEUTRAL IMPACT
Arco Platform is expected to report an EPS of $-0.09 in its upcoming earnings. The company's stock price has historically been affected by its earnings reports.
The upcoming earnings report is a significant event for Arco Platform. Given the historical impact of earnings reports on the company's stock price, this report could potentially influence the stock's short-term performance. However, it's uncertain whether the report will be positive or negative, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100