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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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.
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