Earnings Preview: AppLovin
Portfolio Pulse from Benzinga Insights
AppLovin (NASDAQ:APP) is scheduled to release its quarterly earnings report on February 14, 2024, with an estimated EPS of $0.35. Historical data shows mixed reactions to past earnings, with the last quarter beating estimates but resulting in a 1.1% share price drop. Over the last year, APP shares have increased by 173.71%, indicating a positive outlook from long-term shareholders.
February 13, 2024 | 4:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
AppLovin is expected to report an EPS of $0.35 for the upcoming quarter. Historical performance shows significant stock price movements post-earnings, with a 173.71% increase over the last year.
Given AppLovin's history of beating EPS estimates and the positive long-term shareholder sentiment, there's a strong likelihood of a positive short-term impact on APP's stock price, especially if the company provides favorable guidance for the next quarter.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100