Chemours's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Chemours (NYSE:CC) is set to release its quarterly earnings report on October 26, 2023. Analysts estimate an earnings per share (EPS) of $0.72. The company's past performance shows a pattern of beating EPS estimates but this has not always led to a positive impact on the share price. The stock is currently trading at $24.09, down 18.51% over the last 52-week period.
October 25, 2023 | 5:01 pm
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Chemours is expected to report an EPS of $0.72 for Q3. Despite past EPS beats, the stock price has not consistently increased, with shares down 18.51% over the last year.
Chemours has a history of beating EPS estimates, but this has not consistently translated into a positive impact on the stock price. Given the current negative trend in the stock's performance, it's uncertain how the upcoming earnings report will affect the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100