Earnings Outlook For CareDx
Portfolio Pulse from Benzinga Insights
CareDx (NASDAQ:CDNA) is set to release its latest quarterly earnings report on November 8, 2023. Analysts estimate an earnings per share (EPS) of $-0.39. The company's past performance shows a pattern of share price changes following earnings reports. The company's shares were trading at $6.48 as of November 6, and over the last 52-week period, shares are down 54.58%.
November 07, 2023 | 5:02 pm
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CareDx is expected to report an EPS of $-0.39 in its upcoming earnings report. The company's stock price has historically been affected by its earnings reports. Over the past year, the stock price has decreased by 54.58%.
The upcoming earnings report is highly relevant to CareDx's stock price, as past earnings reports have significantly impacted the stock price. Given the negative EPS estimate and the stock's negative performance over the past year, the short-term impact on the stock price is likely to be negative.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100