Earnings Preview For trivago
Portfolio Pulse from Benzinga Insights
trivago (NASDAQ:TRVG) is set to release its quarterly earnings report on November 1, 2023. Analysts estimate an earnings per share (EPS) of $0.03. The company's past performance shows a trend of share price drops following earnings reports. Shares are currently trading at $1.14 and have seen a 4.39% decrease over the last 52-week period.
October 31, 2023 | 7:01 pm
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NEGATIVE IMPACT
trivago's upcoming earnings report could potentially impact its share price, given the historical trend of price drops following earnings reports. The stock has been on a downward trend, with a 4.39% decrease over the last 52 weeks.
trivago's share price has historically been affected by its earnings reports, often resulting in a drop in price. Given this trend and the overall negative returns over the past year, it's likely that the upcoming earnings report could have a negative impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100