Siyata Mobile Earnings Preview
Portfolio Pulse from Benzinga Insights
Siyata Mobile (NASDAQ:SYTA) is scheduled to release its quarterly earnings report on November 15, 2023. Analysts predict an EPS of $-2.52. Investors will be looking for an earnings beat and positive guidance for future growth. Historically, Siyata's stock price has been sensitive to earnings performance and guidance. Last quarter, the company missed EPS estimates by $0.02, resulting in a 24.4% increase in share price the following day. Over the past year, SYTA shares have declined by 96.38%, indicating a bearish sentiment among long-term shareholders.
November 14, 2023 | 5:01 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Siyata Mobile is anticipated to report an EPS of $-2.52 for the upcoming quarter. Historical data shows significant stock price movements post-earnings announcements. Long-term trend shows a 96.38% decline over the past year.
The short-term impact on SYTA's stock price will likely depend on whether the company beats or misses the EPS estimate and the nature of the forward-looking guidance. Historical performance indicates that the stock is volatile post-earnings, but the long-term downward trend suggests a bearish outlook which may temper any positive reaction to an earnings beat.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100