Earnings Preview For Edgio
Portfolio Pulse from Benzinga Insights
Edgio (NASDAQ:EGIO) is set to release its latest quarterly earnings report on Tuesday, 2023-09-12. Analysts estimate an EPS of $-0.11. The company's past performance shows a pattern of price changes following earnings reports. Shares of Edgio were trading at $0.831 as of September 08, and over the last 52-week period, shares are down 75.49%.
September 11, 2023 | 2:00 pm
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NEGATIVE IMPACT
Edgio's upcoming earnings report could potentially impact its stock price. The company's shares have been on a downward trend, decreasing by 75.49% over the last 52 weeks.
Edgio's stock price has been on a downward trend, and the upcoming earnings report could further impact this. If the company fails to meet the estimated EPS of $-0.11, the stock price could potentially decrease further. However, if the company beats the estimate and provides positive guidance for the next quarter, this could potentially boost the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100