OPAL Fuels Earnings Preview
Portfolio Pulse from Benzinga Insights
OPAL Fuels (NASDAQ:OPAL) is scheduled to release its quarterly earnings report on Monday, 2023-11-13, with an estimated EPS of $0.09. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, OPAL has had mixed earnings performance, with share price drops following both earnings misses and beats. Shares are currently trading at $5.7, down 29.35% over the last 52 weeks.
November 10, 2023 | 4:02 pm
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NEUTRAL IMPACT
OPAL Fuels is expected to report an EPS of $0.09 in its upcoming earnings. Historical data shows stock price volatility post-earnings, with a recent 29.35% annual decline. Investors will focus on earnings performance and future guidance.
The short-term impact on OPAL's stock price will likely hinge on whether the company meets or exceeds the estimated EPS and provides positive guidance. Historical performance suggests that the stock is sensitive to earnings reports, but given the recent downward trend, investor sentiment may already be low, which could moderate the impact of the earnings report. The score is neutral due to the uncertainty of the earnings outcome and its effect.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100