Preview: ReNew Energy Glb's Earnings
Portfolio Pulse from Benzinga Insights
ReNew Energy Glb (NASDAQ:RNW) is scheduled to release its quarterly earnings report on Monday, 2023-11-20. Analysts predict an EPS of $0.10. Investors will be looking for an earnings beat and positive guidance for future growth. Historically, RNW's stock price has shown varied reactions to past earnings results. The stock is currently trading at $5.9, with a 52-week decrease of 0.17%. The upcoming earnings report could influence the stock's performance, especially if the actual results differ from expectations.
November 17, 2023 | 2:01 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
ReNew Energy Glb (RNW) is anticipated to report an EPS of $0.10 in its upcoming earnings. Historical data shows mixed stock price reactions to earnings results. The stock has seen a slight decline over the past year.
The expected EPS of $0.10 sets a benchmark for RNW's earnings report. Historical performance indicates that the stock price could move in either direction post-earnings, but the actual impact will depend on whether RNW beats or misses EPS estimates and provides positive or negative guidance. The slight year-to-date decline in stock price suggests a cautious investor sentiment, which could be swayed by the upcoming earnings results.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100