Earnings Outlook For Clever Leaves Holdings
Portfolio Pulse from Benzinga Insights
Clever Leaves Holdings (NASDAQ:CLVR) is set to release its latest quarterly earnings report on November 9, 2023. Analysts estimate an earnings per share (EPS) of $-2.10. The company's past performance shows a pattern of beating EPS estimates, which has sometimes resulted in a share price increase. However, the stock has been on a downward trend, with shares down 82.67% over the last 52-week period.
November 08, 2023 | 5:01 pm
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Clever Leaves Holdings is expected to report an EPS of $-2.10 in its upcoming earnings report. Despite past EPS beats, the stock has been on a downward trend, with shares down 82.67% over the last 52-week period.
The company's stock has been on a downward trend despite past earnings beats. This suggests that investors are bearish on the stock, and the upcoming earnings report, even if it beats estimates, may not be enough to reverse this trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100