Preview: Sonic Foundry's Earnings
Portfolio Pulse from Benzinga Insights
Sonic Foundry (NASDAQ:SOFO) is scheduled to release its quarterly earnings report on Tuesday, 2023-12-12. Analysts predict an EPS of $-0.39. Investors will be looking for an earnings beat and positive guidance for the next quarter. Sonic Foundry's stock has been trading at $0.35 as of December 07, with a 52-week decline of 81.43%. Past earnings performance has shown mixed results with both beats and misses, and varied stock price reactions.
December 11, 2023 | 2:00 pm
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NEUTRAL IMPACT
Sonic Foundry is expected to report an EPS of $-0.39 for the upcoming earnings, with investors focusing on potential positive guidance. The stock has significantly declined over the past year, indicating potential volatility post-earnings.
The expected EPS of $-0.39 sets a cautious tone for the earnings report, but investor sentiment could be swayed by positive future guidance. The stock's significant decline over the past year suggests that the market may have already priced in negative sentiment, which could limit further downside. However, given the mixed historical price reactions to past earnings, the short-term impact is uncertain, hence a neutral score.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100