Coda Octopus Group Earnings Preview
Portfolio Pulse from Benzinga Insights
Coda Octopus Group (NASDAQ:CODA) is expected to release its quarterly earnings report on Monday, 2024-01-29, with an estimated EPS of $0.08. Investors are looking for an earnings beat and positive guidance for the next quarter. The company's past earnings performance shows mixed results with both misses and beats, and the stock price has generally reacted accordingly. Over the last year, CODA shares have declined by 13.57%, trading at $6.24 as of January 25.
January 26, 2024 | 4:01 pm
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NEUTRAL IMPACT
Coda Octopus Group is anticipated to report quarterly earnings with investors focusing on the potential for an earnings beat and future guidance. The stock has seen a 13.57% decline over the past year, with mixed past earnings performance influencing stock price movements.
The short-term impact on CODA's stock price will likely hinge on whether the company beats the estimated EPS and provides positive guidance. Historical data shows that the stock price has been sensitive to earnings releases and guidance. However, given the mixed past performance and overall negative trend, the impact is uncertain, hence a neutral score.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100