Preview: VeriSign's Earnings
Portfolio Pulse from Benzinga Insights
VeriSign (NASDAQ:VRSN) is scheduled to release its quarterly earnings report on February 8, 2024, with analysts predicting an EPS of $1.86. Historical data shows mixed reactions to past earnings, with the last quarter's beat resulting in a 5.82% share price drop. Shares are currently trading at $198.71, down 3.91% over the last year. Investors are advised to watch for the company's guidance for future growth, which could significantly impact the stock price.
February 07, 2024 | 6:01 pm
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VeriSign is expected to report an EPS of $1.86 for the upcoming quarter. Historical performance shows a mixed reaction to earnings announcements, with the last beat followed by a 5.82% drop. Shares have decreased by 3.91% over the past year.
Given VeriSign's mixed historical earnings performance and the recent downward trend in its stock price, the upcoming earnings report could maintain the current price level or result in minor fluctuations. The guidance provided will be crucial for short-term movement.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100