Red Cat Holdings's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Red Cat Holdings (NASDAQ:RCAT) is set to release its latest quarterly earnings report on Tuesday, 2023-09-19. Analysts estimate an EPS of $-0.11. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. The stock is currently trading at $0.9314 and has seen a 47.83% decrease over the last 52-week period.
September 18, 2023 | 2:01 pm
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Red Cat Holdings is expected to report an EPS of $-0.11. The company's history of missing EPS estimates and subsequent share price drops could indicate a potential negative impact on the stock.
Red Cat Holdings has a history of missing EPS estimates, which has typically resulted in a drop in share price. Given this trend and the current analyst estimate of $-0.11, there is a high likelihood of a negative impact on the stock in the short term.
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IMPORTANCE 80
RELEVANCE 100