Beam Glb's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Beam Global (NASDAQ:BEEM) is expected to release its quarterly earnings report on Tuesday, 2023-11-14, with analysts predicting an EPS of $-0.32. Investors are looking for an earnings beat and positive guidance for future growth. Beam Global's stock performance has been negative over the past year, with shares down 64.55%. The company's past earnings have shown mixed results with both beats and misses, and varied stock price reactions following the announcements.
November 13, 2023 | 4:02 pm
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NEUTRAL IMPACT
Beam Global is anticipated to report a quarterly EPS of $-0.32. Investors will focus on earnings results and future guidance. Historical data shows mixed stock reactions post-earnings, with a significant 64.55% decline over the past year.
The expected EPS of $-0.32 sets a cautious tone for BEEM's earnings report. Historical performance shows that the company's stock price can fluctuate significantly after earnings releases, regardless of beats or misses. The long-term downward trend in stock price may temper investor expectations, but any positive guidance could provide a short-term boost. The score is neutral due to the uncertainty of market reaction to earnings reports and guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100