Earnings Preview For Genasys
Portfolio Pulse from Benzinga Insights
Genasys (NASDAQ:GNSS) is scheduled to release its quarterly earnings report on Thursday, 2023-12-07, with analysts expecting an EPS of $-0.08. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Genasys's stock price has been sensitive to earnings performance and guidance. Last quarter, the company beat EPS estimates by $0.01, resulting in a 2.68% stock price increase the following day. However, the stock has declined 41.75% over the past 52 weeks, indicating a bearish sentiment among long-term shareholders.
December 06, 2023 | 3:01 pm
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Genasys is expected to report an EPS of $-0.08 for the latest quarter. A beat or positive guidance could positively impact the stock, while a miss or negative outlook may lead to a decline, especially given the stock's sensitivity to earnings reports and the current bearish long-term sentiment.
The short-term impact on GNSS stock will largely depend on whether the company beats the EPS estimate and provides positive guidance. Historically, the stock has shown sensitivity to earnings outcomes, with both positive and negative reactions. The long-term bearish trend suggests that investors may have low expectations, which could amplify the reaction to any surprises in the earnings report.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100