Earnings Outlook For Akoustis Technologies
Portfolio Pulse from Benzinga Insights
Akoustis Technologies (NASDAQ:AKTS) is set to release its latest quarterly earnings report on September 6, 2023. Analysts estimate an earnings per share (EPS) of $-0.17. The company's past performance shows a trend of missing EPS estimates and subsequent share price drops. The stock is currently trading at $1.52, down 63.65% over the last 52-week period.
September 05, 2023 | 3:01 pm
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NEGATIVE IMPACT
Akoustis Technologies is expected to report a negative EPS of $-0.17. The company's history of missing EPS estimates and subsequent share price drops could potentially impact the stock negatively.
Akoustis Technologies has a history of missing EPS estimates, which has typically resulted in a drop in share price. Given the estimated negative EPS for the upcoming report, it's likely that the stock could be negatively impacted in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100