Digital Turbine's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Digital Turbine (NASDAQ:APPS) is expected to report an EPS of $0.17 in its upcoming quarterly earnings on 2024-02-07. Analysts and investors are particularly focused on the company's guidance for future growth. Historical data shows a pattern where misses in EPS forecasts have led to significant drops in share price, with the last quarter's miss resulting in a 5.39% decrease. Over the past year, APPS shares have declined by 67.55%, indicating a challenging period for the company.
February 06, 2024 | 8:01 pm
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Digital Turbine is anticipated to report an EPS of $0.17 in its upcoming earnings, with significant attention on its future guidance. The stock has faced a 67.55% decline over the past year, with historical data showing sensitivity to earnings performance.
Digital Turbine's upcoming earnings report is crucial due to its expected EPS of $0.17 and the emphasis on future guidance. Given the historical sensitivity of APPS's stock price to earnings performance and the significant decline over the past year, the short-term impact is neutral. The market may have already priced in the challenges, but positive guidance could provide a much-needed boost, whereas a miss or negative guidance could exacerbate the stock's decline.
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