Earnings Preview: Lightspeed Commerce
Portfolio Pulse from Benzinga Insights
Lightspeed Commerce (NYSE:LSPD) is scheduled to release its quarterly earnings report on February 8, 2024, with analysts expecting an EPS of $0.05. The company's past performance shows a pattern of beating EPS estimates, leading to positive stock price movements. Shares are currently trading at $19.72, up 14.94% over the last year. Investors are looking for not just an earnings beat but also positive future guidance.
February 07, 2024 | 3:01 pm
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Lightspeed Commerce is expected to report an EPS of $0.05 for the upcoming quarter. Historical data shows positive stock movement following earnings beats. Shares have risen 14.94% over the past year.
Given Lightspeed Commerce's history of beating EPS estimates and the subsequent positive stock price reactions, there is a strong likelihood of a positive short-term impact on LSPD's stock price if the company beats the EPS estimate again and provides positive future guidance. The stock's recent performance and the historical reaction to earnings beats support this analysis.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100