Conmed's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Conmed (NYSE:CNMD) is set to release its quarterly earnings report on Wednesday, 2023-10-25, with analysts estimating an EPS of $0.83. The company's past performance shows a pattern of share price drops following earnings beats. The stock is currently trading at $94.21, up 14.14% over the last 52-week period.
October 24, 2023 | 6:01 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Conmed's upcoming earnings report could potentially impact its stock price. Past performance shows a trend of share price drops following earnings beats.
Conmed's stock price has historically dropped following earnings beats. Given that analysts are predicting an EPS of $0.83 for the upcoming report, if the company beats this estimate, it could potentially lead to a drop in the stock price based on past trends.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100