Patria Investments's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Patria Investments (NASDAQ:PAX) is scheduled to release its quarterly earnings report on February 15, 2024, with analysts expecting an EPS of $0.37. The company's past earnings performance shows mixed results, with a miss last quarter but a subsequent share price increase. Over the last year, PAX shares have declined by 15.14%, indicating a bearish sentiment among long-term shareholders. Investors will be keenly watching for not only the earnings results but also the company's guidance for future growth.
February 14, 2024 | 3:01 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Patria Investments is expected to announce its quarterly earnings with an anticipated EPS of $0.37. The company's stock performance has been bearish over the past year, with a 15.14% decline.
The anticipation of Patria Investments' earnings report and its past performance suggest a cautious outlook. The company's guidance for future growth will be crucial for short-term stock movement. Given the mixed historical earnings performance and the overall bearish sentiment, the short-term impact is neutral, pending the actual earnings results and future guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100