Earnings Outlook For Udemy
Portfolio Pulse from Benzinga Insights
Udemy (NASDAQ:UDMY) is expected to report a Q4 EPS of $-0.02 on February 14, 2024. Analysts and investors are looking for an earnings beat and positive guidance for the next quarter. Udemy's past earnings performance shows a mix of beats and misses with significant price changes following the announcements. Shares are currently trading at $14.47, up 18.52% over the last 52 weeks, indicating a positive outlook from long-term shareholders.
February 13, 2024 | 5:01 pm
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Udemy is anticipated to report a Q4 EPS of $-0.02 on February 14, 2024, with investors hopeful for an earnings beat and optimistic future guidance. The stock has shown volatility post-earnings in the past and is currently up 18.52% over the last year.
Given Udemy's history of significant stock price movements post-earnings and the current positive trend in its share price, there is a strong likelihood of a positive short-term impact if the company beats the EPS estimate and provides optimistic future guidance. The anticipation of this event, based on past performance where a beat led to a substantial price increase, suggests a potential for similar outcomes.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100