Earnings Preview For AngioDynamics
Portfolio Pulse from Benzinga Insights
AngioDynamics (NASDAQ:ANGO) is scheduled to release its quarterly earnings report on Friday, 2024-01-05, with analysts expecting an EPS of $-0.07. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, AngioDynamics has had mixed results with its earnings performance, sometimes resulting in negative stock price movements. Shares are currently trading at $7.73, down 49.04% over the last 52 weeks. The upcoming earnings report could be a significant event for shareholders, especially considering the stock's recent performance.
January 04, 2024 | 2:00 pm
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NEUTRAL IMPACT
AngioDynamics is expected to report an EPS of $-0.07 for the latest quarter. Investors will focus on earnings results and future guidance, which historically have influenced the stock's price movement.
The expected EPS of $-0.07 sets a cautious tone for AngioDynamics' earnings report. Given the stock's 49.04% decline over the past year, the report could be critical for investor sentiment. However, the score is neutral (0) because the actual impact will depend on whether the company beats or misses these expectations and the nature of the guidance provided. Historical data shows that even when AngioDynamics beat EPS estimates, the stock price sometimes fell, indicating that investor reactions can be unpredictable.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100