Similarweb Earnings Preview
Portfolio Pulse from Benzinga Insights
Similarweb (NYSE:SMWB) is scheduled to release its quarterly earnings report on February 13, 2024, with an estimated EPS of $0.02. The company's past performance shows a mix of earnings beats and misses, with the last quarter beating the EPS estimate by $0.04, leading to a 2.19% increase in share price. Shares are currently trading at $7.01, up 2.64% over the last 52 weeks. Investors are looking forward to not only the earnings results but also the company's guidance for future growth.
February 12, 2024 | 5:01 pm
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Similarweb is expected to report an EPS of $0.02 for the upcoming quarter. The company's past earnings performance has shown a positive impact on its stock price, especially when beating estimates. With shares currently at $7.01 and a 2.64% increase over the last year, investors are optimistic.
Given Similarweb's history of beating EPS estimates and the subsequent positive reaction in its stock price, there's a strong likelihood of a positive short-term impact if the company meets or exceeds the current EPS estimate and provides favorable future guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100