SpringBig Holdings's Earnings Outlook
Portfolio Pulse from Benzinga Insights
SpringBig Holdings (NASDAQ:SBIG) is expected to release its quarterly earnings report on Monday, 2023-11-13, with an estimated EPS of $-0.03. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, SBIG's stock price has shown mixed reactions to past earnings performances. Currently, shares are trading at $0.1655, down 85.76% over the last 52 weeks, indicating a negative sentiment among long-term shareholders ahead of the earnings release.
November 10, 2023 | 5:01 pm
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SpringBig Holdings is set to report quarterly earnings with an anticipated EPS of $-0.03. Investors are focused on potential earnings beat and future guidance. Shares have declined 85.76% over the past year, reflecting negative investor sentiment.
The short-term impact on SBIG's stock price will likely hinge on whether the company beats the earnings estimate and provides positive guidance. Historical data shows mixed stock price reactions to past earnings results. The significant year-to-date decline in stock price suggests a bearish long-term sentiment that may temper short-term gains even if earnings expectations are exceeded.
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