Hello Gr's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Hello Gr (NASDAQ:MOMO) is scheduled to release its quarterly earnings report on Friday, 2023-12-08. Analysts predict an EPS of $0.35. Investors will be looking for an earnings beat and positive guidance for the next quarter. Historically, Hello Gr has surpassed EPS estimates, resulting in varied stock price reactions. Shares are currently trading at $6.59, down 25.08% over the last 52 weeks. Market sentiment may be bearish ahead of the earnings release.
December 07, 2023 | 2:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Hello Gr (MOMO) is expected to report an EPS of $0.35 in its upcoming earnings. Historical performance shows potential for a positive stock reaction if earnings beat estimates.
Given Hello Gr's history of surpassing EPS estimates and the subsequent positive stock price reactions, there is a likelihood of a short-term price increase if the company beats the EPS forecast again. However, the overall bearish sentiment due to the 25.08% decline over the past 52 weeks may temper the magnitude of any positive movement.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100