Great Elm Group's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Great Elm Group (NASDAQ:GEG) is set to release its latest quarterly earnings report on September 20, 2023. Analysts estimate an earnings per share (EPS) of $0.43. The company's past performance shows a pattern of beating EPS estimates. However, the share price has generally dropped following earnings announcements. The stock was trading at $2.19 as of September 15, with a 0.93% decrease over the last 52-week period.
September 19, 2023 | 2:00 pm
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Great Elm Group is expected to announce its Q3 earnings on Sep 20, 2023. Despite consistently beating EPS estimates, the company's share price has generally dropped following earnings announcements.
Great Elm Group has a history of beating EPS estimates, which is generally a positive signal. However, the company's share price has typically dropped following earnings announcements, indicating that investors may have different expectations. Given this pattern, it's likely that the stock price will experience a short-term drop following the upcoming earnings announcement.
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IMPORTANCE 80
RELEVANCE 100