Earnings Preview For PC Connection
Portfolio Pulse from Benzinga Insights
PC Connection (NASDAQ:CNXN) is scheduled to release its quarterly earnings report on February 14, 2024. Analysts predict an EPS of $0.88. The company's past earnings performance shows a mix of beats and misses, with the last quarter beating estimates by $0.16, leading to a 4.99% share price increase the following day. Shares are currently trading at $67.52, up 56.61% over the last 52 weeks. Investors are optimistic but will focus on the company's guidance for future growth.
February 13, 2024 | 3:01 pm
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PC Connection is expected to report an EPS of $0.88 for the latest quarter. The company's past performance and current share price trend suggest a positive outlook, but investor focus will be on future guidance.
Given PC Connection's history of beating EPS estimates and the subsequent positive impact on its stock price, there's a high likelihood of a positive short-term impact if the trend continues. However, the company's guidance for future quarters will play a crucial role in determining the stock's direction. The positive year-to-date performance further supports investor optimism.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100