A Preview Of Motorsport Games's Earnings
Portfolio Pulse from Benzinga Insights
Motorsport Games (NASDAQ:MSGM) is set to release its latest quarterly earnings report on November 7, 2023. Analysts estimate an earnings per share (EPS) of $-1.72. The company's stock price has historically been affected by its earnings performance and guidance. Last quarter, the company beat EPS by $0.37, which was followed by a 14.66% drop in the share price. Over the last 52-week period, shares are down 53.74%.
November 06, 2023 | 9:01 pm
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NEGATIVE IMPACT
Motorsport Games is expected to report an EPS of $-1.72. The company's stock price has been negatively affected by its earnings performance and guidance in the past.
Motorsport Games' stock price has historically been negatively impacted by its earnings performance and guidance. Given that the company beat its EPS estimate last quarter but still saw a significant drop in its share price, it's likely that the upcoming earnings report could have a similar effect, especially if the company fails to meet analysts' expectations or provide positive guidance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100