LiveRamp Holdings's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
LiveRamp Holdings (NYSE:RAMP) is scheduled to release its quarterly earnings report on February 8, 2024, with analysts expecting an EPS of $0.40. Historical data shows that the company's stock price reacts significantly to earnings beats and guidance. Last quarter, RAMP beat the EPS estimate by $0.19, leading to a 20% increase in its share price the following day. Over the past year, RAMP shares have increased by 62.58%, indicating a positive outlook from long-term shareholders.
February 07, 2024 | 6:01 pm
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LiveRamp Holdings is expected to report an EPS of $0.40 for the upcoming quarter. Historical performance indicates significant stock price movements following earnings announcements, especially when beating estimates or providing positive guidance.
Given RAMP's history of stock price increases following earnings beats and the positive trend over the last year, it's likely that a similar or better-than-expected earnings report could lead to a short-term price increase. The anticipation of positive guidance could further bolster investor confidence.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100