Earnings Outlook For NextNav
Portfolio Pulse from Benzinga Insights
NextNav (NASDAQ:NN) is set to release its latest quarterly earnings report on November 8, 2023. Analysts estimate an EPS of $-0.13. The company's past performance shows a pattern of share price increases following earnings reports, even when EPS estimates were missed. The stock is currently trading at $4.59 and has seen a 48.07% increase over the last 52-week period.
November 07, 2023 | 6:01 pm
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NextNav's upcoming earnings report could potentially impact its stock price. Despite past EPS misses, the company's share price has generally increased. The stock is currently trading at $4.59 and has seen a 48.07% increase over the last 52-week period.
NextNav's stock price has shown a pattern of increasing following earnings reports, even when the company has missed EPS estimates. This suggests that investors may be more focused on other aspects of the company's performance. Given the stock's positive performance over the past year, it's likely that investors are optimistic about the upcoming earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100