Earnings Preview: Bridgewater Bancshares
Portfolio Pulse from Benzinga Insights
Bridgewater Bancshares (NASDAQ:BWB) is scheduled to release its quarterly earnings report on January 24, 2024. Analysts predict an EPS of $0.25. Investors are looking for an earnings beat and positive guidance for future growth. Historically, BWB's stock price has been sensitive to earnings performance and guidance. Last quarter, BWB beat the EPS estimate by $0.03, leading to a 6.23% stock price increase the following day. However, over the last year, the stock has declined by 21.51%, with mixed price changes after earnings announcements.
January 23, 2024 | 7:01 pm
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Bridgewater Bancshares is expected to report an EPS of $0.25 for the latest quarter. A history of stock sensitivity to earnings performance and guidance suggests potential volatility post-announcement. The stock has seen a 21.51% decline over the past year.
The short-term impact on BWB's stock price will likely hinge on whether the company beats the EPS estimate and provides positive future guidance. Given the stock's historical sensitivity to earnings reports, a beat or positive guidance could lead to a price increase, while a miss or negative outlook could exacerbate the stock's year-long decline. However, the mixed historical price changes post-earnings and the overall negative trend over the past year introduce uncertainty, leading to a neutral score.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100