Energous Earnings Preview
Portfolio Pulse from Benzinga Insights
Energous (NASDAQ:WATT) is set to release its latest quarterly earnings report on November 9, 2023. Analysts estimate an earnings per share (EPS) of $-1.20. Last quarter, the company beat EPS by $0.20, which was followed by a 6.64% drop in the share price. Over the last 52-week period, shares are down 88.16%.
November 08, 2023 | 4:02 pm
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NEGATIVE IMPACT
Energous is expected to report an EPS of $-1.20. Last quarter's EPS beat was followed by a 6.64% drop in share price. The stock is down 88.16% over the last 52 weeks.
Energous is expected to report an EPS of $-1.20. However, the company's stock price has been negatively affected in the past by earnings beats, with the last quarter's beat leading to a 6.64% drop in share price. Additionally, the stock has been on a downward trend, with shares down 88.16% over the last 52 weeks. This suggests that even if Energous beats the EPS estimate, the stock price may still be negatively impacted.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100