A Preview Of SolarWinds's Earnings
Portfolio Pulse from Benzinga Insights
SolarWinds (NYSE:SWI) is scheduled to release its quarterly earnings report on February 8, 2024, with analysts expecting an EPS of $0.21. The company's past performance shows a pattern of beating EPS estimates, which has occasionally led to positive stock price movements the following day. Shares of SolarWinds have increased by 18.43% over the last 52 weeks, indicating a generally positive outlook from long-term shareholders ahead of this earnings release.
February 07, 2024 | 7:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
SolarWinds is expected to report an EPS of $0.21 for the upcoming quarterly earnings, with a history of beating estimates and positively influencing its stock price.
Given SolarWinds' history of beating EPS estimates and the positive stock price reaction that often follows, there is a reasonable expectation that a similar outcome could occur if the company beats the EPS estimate again. The 18.43% YOY stock increase further supports a bullish outlook for SWI in the short term.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100