Earnings Outlook For Varonis Systems
Portfolio Pulse from Benzinga Insights
Varonis Systems (NASDAQ:VRNS) is expected to report an EPS of $0.23 in its upcoming quarterly earnings on 2024-02-05. Historically, the company has surpassed EPS estimates, leading to positive stock price movements. Shares have increased by 74.3% over the last 52 weeks, indicating bullish sentiment among long-term shareholders. Investors will be keenly watching for both the earnings outcome and the future guidance provided by the company.
February 02, 2024 | 2:02 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Varonis Systems is anticipated to report an EPS of $0.23 for the upcoming quarter. Historical performance shows positive stock movement post-earnings, with a 74.3% increase over the last year indicating strong investor confidence.
Given Varonis Systems' history of surpassing EPS estimates and the subsequent positive stock price reactions, there is a strong likelihood of a positive short-term impact on VRNS stock, especially if the company beats the EPS estimate again and provides optimistic future guidance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100