Preview: Cambridge's Earnings
Portfolio Pulse from Benzinga Insights
Cambridge (NASDAQ:CATC) is scheduled to release its quarterly earnings report on January 30, 2024. Analysts predict an EPS of $0.93. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, Cambridge's stock price has shown varied reactions to past earnings results. Shares are currently trading at $68.73, down 11.48% over the last year. The upcoming earnings report could influence the stock's performance.
January 29, 2024 | 5:01 pm
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Cambridge is expected to report an EPS of $0.93 in its upcoming earnings. Historical data shows mixed stock price reactions post-earnings. Shares are down 11.48% over the past year.
The expected EPS of $0.93 sets a benchmark for Cambridge's performance. Historical price changes post-earnings have been inconsistent, indicating uncertainty in stock reaction. The current downward trend in share price over the past year may temper expectations, but a positive earnings surprise and guidance could provide a short-term boost. The score is neutral due to the unpredictability of market reaction to earnings reports.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100