Earnings Outlook For Dana
Portfolio Pulse from Benzinga Insights
Dana Inc. (NYSE:DAN) is scheduled to release its quarterly earnings report on February 20, 2024, with analysts expecting an EPS of $-0.06. The company's past earnings performance shows a mix of beats and misses, with the share price reacting variably. Shares are currently trading at $13.87, down 12.94% over the last year. Investors are looking for positive guidance for the next quarter.
February 19, 2024 | 4:01 pm
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Dana Inc. is expected to report an EPS of $-0.06 for the upcoming quarter. The company's stock has declined by 12.94% over the last year, indicating potential investor concern ahead of the earnings release.
Given Dana's mixed past earnings performance and the current expectation of a negative EPS, the short-term impact on DAN's stock price could be neutral. However, the company's guidance for future growth could significantly influence investor sentiment and stock price movement. The historical data shows that despite earnings beats, the stock price reaction has been mixed, suggesting that guidance and future outlook play a crucial role in investor decisions.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100