Earnings Outlook For Prothena Corp
Portfolio Pulse from Benzinga Insights
Prothena Corp (NASDAQ:PRTA) is scheduled to release its quarterly earnings report on February 15, 2024, with an expected EPS of $-1.22. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historically, Prothena has had mixed earnings performance but has seen significant share price movements following earnings announcements. Currently, the stock is down 48.48% over the last 52 weeks, trading at $26.49 as of February 13.
February 14, 2024 | 4:02 pm
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NEUTRAL IMPACT
Prothena Corp is expected to report an EPS of $-1.22 for the upcoming quarter. Historical data shows significant stock price movements post-earnings, with a mixed performance in recent quarters. The stock is currently down 48.48% over the last year.
Given Prothena's historical earnings performance and the significant stock price movements following earnings announcements, the upcoming report could have a neutral to slightly positive impact if they beat the EPS estimate and provide positive guidance. However, the stock's recent downtrend and the mixed historical performance introduce uncertainty, leading to a neutral score.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100