Earnings Outlook For Braze
Portfolio Pulse from Benzinga Insights
Braze (NASDAQ:BRZE) is expected to release its quarterly earnings report on Wednesday, 2023-12-06, with an estimated EPS of $-0.13. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Braze has surpassed EPS estimates, leading to share price increases, except for Q3 2023. Shares are currently trading at $56.68, with a 125.82% increase over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.
December 05, 2023 | 2:01 pm
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Braze is anticipated to release its quarterly earnings with an EPS estimate of $-0.13. Positive past performance and share price growth suggest a bullish outlook, but the actual impact will depend on meeting or exceeding EPS estimates and future guidance.
Given Braze's history of surpassing EPS estimates and the subsequent positive stock price reactions, there is a high likelihood of a positive short-term impact if the trend continues. However, the actual movement will heavily depend on the reported earnings and the guidance provided for future quarters.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100