Edwards Lifesciences Earnings Preview
Portfolio Pulse from Benzinga Insights
Edwards Lifesciences (NYSE:EW) is scheduled to release its quarterly earnings report on February 6, 2024, with analysts expecting an EPS of $0.64. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's EPS miss leading to an 8.14% drop in share price. Shares have risen 10.56% over the last 52 weeks, indicating a generally positive trend. Investors will be keenly watching for the earnings outcome and particularly the company's guidance for future growth.
February 05, 2024 | 4:02 pm
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Edwards Lifesciences is expected to report an EPS of $0.64 for the upcoming quarter. Historical data shows stock price sensitivity to earnings performance and guidance. With a positive 52-week trend, the focus will be on meeting or exceeding EPS estimates and future growth forecasts.
Given Edwards Lifesciences' history of stock price reactions to earnings reports and guidance, a positive earnings report exceeding the $0.64 EPS estimate could lead to an uptick in stock price, especially considering the positive 52-week performance. However, the company's guidance will be crucial in determining the short-term stock movement.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100