Earnings Outlook For Resideo Technologies
Portfolio Pulse from Benzinga Insights
Resideo Technologies (NYSE:REZI) is scheduled to release its quarterly earnings report on 2024-02-13, with analysts estimating an EPS of $0.43. The company's past earnings performance shows a mix of beats and misses, with the last quarter beating estimates by $0.14, leading to a 5.72% share price increase the following day. Over the last year, REZI shares have declined by 7.21%, indicating a bearish sentiment among long-term shareholders. Investors will be closely watching for not only the earnings results but also the company's guidance for future growth.
February 12, 2024 | 4:02 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Resideo Technologies is expected to announce an EPS of $0.43 for the latest quarter, with past performance showing a mix of beats and misses. The stock has seen a 7.21% decline over the past year, indicating bearish sentiment.
Given REZI's mixed past earnings performance and the overall 7.21% decline in share price over the past year, the short-term impact of the upcoming earnings report is uncertain. The company's ability to beat the EPS estimate and provide positive future guidance could positively influence the stock price, but the existing bearish sentiment may temper any short-term gains.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100