Earnings Preview For Phreesia
Portfolio Pulse from Benzinga Insights
Phreesia (NYSE:PHR) is scheduled to release its quarterly earnings report on Tuesday, 2023-12-05, with analysts expecting an EPS of $-0.36. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, Phreesia's stock price has been sensitive to earnings performance and guidance. Last quarter, the company missed EPS estimates by $0.26, resulting in a 22.11% share price drop the following day. Over the last year, PHR shares have declined by 38.44%.
December 04, 2023 | 3:01 pm
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Phreesia is expected to report an EPS of $-0.36 for the upcoming earnings, with a focus on beating this estimate and providing positive future guidance. Historical data shows significant stock price volatility post-earnings announcements.
Phreesia's stock price has historically shown sensitivity to earnings performance and guidance. While an earnings beat could positively impact the stock, the historical trend and recent performance suggest a cautious outlook. The 38.44% decline over the past year indicates bearish sentiment, which may temper any positive reaction to an earnings beat unless accompanied by strong guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100