A Preview Of Alico's Earnings
Portfolio Pulse from Benzinga Insights
Alico (NASDAQ:ALCO) is expected to release its quarterly earnings report on Wednesday, 2023-12-06, with analysts predicting an EPS of $-0.34. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, Alico's stock price has shown varied reactions to earnings performance, with a slight increase after a miss last quarter. Shares are currently trading at $28.76, with a 2.67% increase over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.
December 05, 2023 | 4:00 pm
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NEUTRAL IMPACT
Alico is anticipated to release its earnings report with a forecasted EPS of $-0.34. Investors are hopeful for a beat and positive future guidance. The stock has risen 2.67% over the past year, indicating optimism pre-earnings.
The expected EPS is a loss of $-0.34, which may already be factored into the current stock price. Historical data shows mixed stock price reactions post-earnings, making it challenging to predict short-term movement. However, the overall positive trend in the stock price over the past year and the potential for positive guidance could maintain investor optimism, leading to a neutral score.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100