A Preview Of Nuvei's Earnings
Portfolio Pulse from Benzinga Insights
Nuvei (NASDAQ:NVEI) is set to release its quarterly earnings report on November 8, 2023. Analysts estimate an earnings per share (EPS) of $0.40. The company's previous quarter saw a miss in EPS by $0.05, resulting in a 4.36% drop in share price. Nuvei's shares were trading at $15.3 as of November 6, with a 52-week return down by 43.04%.
November 07, 2023 | 3:01 pm
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NEGATIVE IMPACT
Nuvei is expected to report an EPS of $0.40 in its upcoming earnings. The company's stock price may be affected by the earnings report, as seen in the previous quarter when a miss in EPS led to a 4.36% drop in share price.
Nuvei's stock price has shown to be sensitive to its earnings reports. In the previous quarter, the company's miss in EPS resulted in a 4.36% drop in share price. Given this, it is likely that the upcoming earnings report could have a similar impact, especially if the company fails to meet the estimated EPS of $0.40.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100