Corsair Gaming's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Corsair Gaming (NASDAQ:CRSR) is scheduled to release its quarterly earnings report on February 13, 2024, with analysts expecting an EPS of $0.25. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter missing EPS estimates by $0.00 and resulting in a 5.02% drop in share price. Over the last year, CRSR shares have declined by 25.29%, indicating a bearish sentiment among long-term shareholders.
February 12, 2024 | 4:01 pm
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Corsair Gaming is expected to report an EPS of $0.25 for the upcoming quarter. Historical data shows variable stock price reactions to earnings reports, with a recent 5.02% drop after missing EPS estimates. The stock has seen a 25.29% decline over the past year.
The expected EPS of $0.25 sets a benchmark for Corsair Gaming's performance. Historical data indicates that the company's stock price can react variably to earnings reports, with the last quarter's miss leading to a significant drop. The overall 25.29% decline in stock price over the past year suggests a bearish sentiment that could influence short-term price movements post-earnings announcement. However, the exact impact will depend on whether the actual earnings meet, exceed, or fall short of expectations, as well as the company's future guidance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100