DocuSign's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
DocuSign (NASDAQ:DOCU) is set to release its latest quarterly earnings report on September 7, 2023. Analysts estimate an earnings per share (EPS) of $0.66. The company's past performance shows a pattern of beating EPS estimates but experiencing share price drops. Shares are currently trading at $52.27 and have seen a 9.0% decrease over the last 52-week period.
September 06, 2023 | 2:00 pm
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DocuSign is expected to report an EPS of $0.66 in its upcoming earnings report. Despite consistently beating EPS estimates, the company's share price has typically dropped following earnings announcements. The stock is currently down 9.0% over the last 52 weeks.
DocuSign has a history of beating EPS estimates but this has often been followed by a drop in share price. Given the stock's negative returns over the past year, investors may be bearish going into this earnings release, potentially leading to further price drops.
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