Earnings Preview For Fastly
Portfolio Pulse from Benzinga Insights
Fastly (NYSE:FSLY) is anticipated to report a Q4 earnings per share (EPS) of $-0.02 on February 14, 2024. Analysts and investors are keen on whether Fastly will surpass this estimate and provide positive guidance for the next quarter. Historically, Fastly's stock price has reacted significantly to its earnings performance and guidance, with notable increases and decreases in share price following past earnings announcements. Shares are currently trading at $24.99, marking a 72.53% increase over the last 52 weeks.
February 13, 2024 | 5:00 pm
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Fastly is expected to report a Q4 EPS of -$0.02 on February 14, 2024. The company's past earnings performance and future guidance are highly anticipated by investors, as these factors have historically influenced its stock price significantly.
Given Fastly's history of stock price movements following earnings announcements, especially when beating EPS estimates or providing positive guidance, there is a strong likelihood of a positive short-term impact on FSLY's stock price if they report favorable results or optimistic future guidance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100