Earnings Preview For Nevro
Portfolio Pulse from Benzinga Insights
Nevro (NYSE:NVRO) is set to release its latest quarterly earnings report on November 1, 2023. Analysts estimate an earnings per share (EPS) of $-0.77. The company's past performance shows a trend of share price drops following earnings reports. Shares of Nevro were trading at $14.18 as of October 30, with a 52-week drop of 60.83%.
October 31, 2023 | 6:01 pm
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NEGATIVE IMPACT
Nevro's upcoming earnings report could potentially impact its stock price, given the historical trend of share price drops following earnings reports. The company's shares have seen a 60.83% drop over the last 52 weeks.
Nevro's stock price has historically been negatively impacted by its earnings reports. Given the analysts' estimate of a negative EPS, it is likely that the upcoming earnings report could lead to a further drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100