A Preview Of Ncino's Earnings
Portfolio Pulse from Benzinga Insights
Ncino (NASDAQ:NCNO) is expected to release its quarterly earnings report on Wednesday, 2023-11-29, with an estimated EPS of $0.11. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Ncino has had a mixed impact on its stock price post-earnings, with the last quarter resulting in a 9.74% increase after beating EPS estimates. Shares are currently trading at $30.21, up 15.66% over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.
November 28, 2023 | 2:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Ncino is anticipated to report quarterly earnings with an EPS estimate of $0.11. Positive past performance and a 15.66% YTD stock increase suggest a bullish sentiment. The earnings report and guidance will be key drivers for the stock's short-term performance.
Given Ncino's history of stock price increases following earnings beats and the current bullish sentiment indicated by the 15.66% YTD increase, there is a high likelihood of a positive short-term impact if the company reports a beat and provides favorable guidance. However, the market's reaction can be unpredictable and may also hinge on the broader market conditions and investor sentiment on the day of the announcement.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100