Atomera's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Atomera (NASDAQ:ATOM) is scheduled to release its quarterly earnings report on February 13, 2024, with an expected EPS of $-0.11. Historical data shows Atomera's stock price reacts significantly to earnings performance and guidance. Last quarter, the company missed its EPS estimate, resulting in a 4.03% drop in share price. Over the last year, ATOM shares have increased by 14.87%, indicating a generally positive outlook among long-term investors.
February 12, 2024 | 6:02 pm
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NEUTRAL IMPACT
Atomera is expected to report an EPS of $-0.11 for the upcoming quarter. Historical performance indicates significant stock price reactions to earnings announcements and guidance. Shares have seen a 14.87% increase over the past year, suggesting a positive long-term investor sentiment.
The expected EPS and historical performance suggest a cautious outlook for ATOM's short-term price movement. Given the stock's sensitivity to earnings announcements and guidance, the upcoming report could lead to volatility. However, the positive annual return indicates a generally bullish sentiment among long-term investors, which might mitigate extreme negative reactions.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100