Earnings Preview: Eyenovia
Portfolio Pulse from Benzinga Insights
Eyenovia (NASDAQ:EYEN) is scheduled to release its quarterly earnings report on Monday, 2023-11-13, with analysts expecting an EPS of $-0.17. Investors are looking for an earnings beat and positive guidance for the next quarter. In the past, EPS beats have led to share price increases, such as a 2.46% rise after last quarter's report. However, over the last 52 weeks, EYEN shares have declined by 32.78%, indicating general negative sentiment among long-term shareholders.
November 10, 2023 | 5:02 pm
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NEUTRAL IMPACT
Eyenovia is expected to report an EPS of $-0.17 for the latest quarter. A beat on this estimate and positive future guidance could positively impact the stock price, as seen historically. However, the stock has been down 32.78% over the past year, indicating potential investor caution.
The short-term impact on EYEN's stock price will likely depend on whether the company beats the EPS estimate and provides positive guidance. Historically, beats have led to price increases, but the overall negative trend over the past year could dampen any positive reaction.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100