Earnings Preview: RMR Gr
Portfolio Pulse from Benzinga Insights
RMR Gr (NASDAQ:RMR) is scheduled to release its quarterly earnings report on February 7, 2024, with analysts expecting an EPS of $0.45. The company's past earnings performance shows a pattern of beating EPS estimates but experiencing subsequent share price drops. Shares are currently trading at $24.85, reflecting a 9.91% decrease over the last year. Investors are likely focused on the company's guidance for future growth as a key factor influencing stock price.
February 06, 2024 | 8:01 pm
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RMR Gr is expected to report an EPS of $0.45 for the upcoming quarter. Historical data shows that despite beating EPS estimates, RMR's stock price tends to drop post-earnings announcement. The stock is currently down 9.91% over the last year.
RMR Gr's historical performance indicates that even when earnings beat estimates, the stock price has tended to decrease following the announcement. This pattern, combined with the overall negative performance over the past year, suggests a potential short-term negative impact on RMR's stock price following the earnings report. However, the company's guidance for future quarters could influence investor sentiment and mitigate this trend.
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IMPORTANCE 90
RELEVANCE 100