Earnings Outlook For Chemours
Portfolio Pulse from Benzinga Insights
Chemours (NYSE:CC) is scheduled to release its quarterly earnings report on February 14, 2024, with analysts expecting an EPS of $0.24. The company's past earnings performance shows a mix of misses and beats, with the stock price reacting accordingly. Shares have declined 12.24% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders. Investors will be keenly watching for both the earnings outcome and the company's future guidance.
February 13, 2024 | 4:02 pm
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Chemours is expected to report an EPS of $0.24 for the upcoming quarter. Historical performance shows sensitivity to earnings outcomes and guidance, with a 12.24% decline in share price over the past year indicating bearish sentiment.
Given Chemours' mixed past earnings performance and the significant impact of guidance on stock price, the upcoming earnings report could maintain the current stock price level if it meets or exceeds expectations. However, the bearish sentiment from a 12.24% decline over the past year suggests limited upside potential without significantly positive news.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100