Bumble's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Bumble (NASDAQ:BMBL) is set to release its latest quarterly earnings report on November 7, 2023. Analysts estimate an earnings per share (EPS) of $0.07. The company's past performance shows a pattern of share price changes following earnings reports. Bumble's shares were trading at $13.67 as of November 3, with a 42.19% decrease over the last 52-week period.
November 06, 2023 | 4:01 pm
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NEUTRAL IMPACT
Bumble's upcoming earnings report could potentially impact its stock price. The company's shares have been on a downward trend, decreasing by 42.19% over the last 52 weeks.
Bumble's stock price has shown to be sensitive to its earnings reports. Given the recent downward trend of the stock, the upcoming earnings report could either exacerbate this trend if the results are disappointing, or potentially reverse it if the results are positive.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100