Hall Of Fame Resort's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Hall Of Fame Resort (NASDAQ:HOFV) is expected to release its quarterly earnings report on Monday, 2023-11-13, with an estimated EPS of $-2.48. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, HOFV's stock price has reacted negatively to earnings misses. The stock is currently trading at $2.73, down 82.71% over the last 52 weeks.
November 10, 2023 | 4:02 pm
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NEGATIVE IMPACT
Hall Of Fame Resort is anticipated to report quarterly earnings with investors focusing on potential earnings beat and future guidance. The stock has historically dropped following earnings misses.
Given the historical negative reaction to earnings misses and the significant 52-week decline in stock price, there is a likelihood of a negative short-term impact if HOFV does not meet or exceed the EPS estimate or provide positive guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100