Safehold's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Safehold (NYSE:SAFE) is scheduled to release its quarterly earnings report on February 12, 2024, with analysts estimating an EPS of $0.35. The company's past earnings performance shows a mixed record of beating and missing EPS estimates, leading to varying stock price reactions. Shares of Safehold have declined 37.11% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders. Investors will be keenly watching for not only the earnings results but also the company's guidance for future growth.
February 09, 2024 | 3:01 pm
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Safehold is expected to announce its quarterly earnings with an anticipated EPS of $0.35. The company's stock has been bearish with a 37.11% decline over the past year, and its earnings performance could influence its short-term stock price movement.
The anticipation of Safehold's earnings report and its past performance suggest a cautious outlook. The stock's recent bearish trend and the importance of earnings guidance indicate that the upcoming earnings announcement could have a neutral to slightly positive impact, depending on whether the company meets or exceeds the EPS estimate and provides positive future guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100