Sprout Social's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Sprout Social (NASDAQ:SPT) is scheduled to release its quarterly earnings report on February 20, 2024. Analysts predict an EPS of $0.00. The company's past earnings performance shows a pattern of beating EPS estimates, which has led to significant share price movements. Shares are currently trading at $64.91, with a 10.27% increase over the last 52 weeks. Investors are optimistic but will focus on the company's guidance for future growth.
February 19, 2024 | 4:02 pm
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POSITIVE IMPACT
Sprout Social is anticipated to report an EPS of $0.00 for the upcoming quarter. Historical data shows its ability to beat EPS estimates, positively impacting its stock price. Currently trading at $64.91, the stock has seen a 10.27% increase over the last year.
Given Sprout Social's history of beating EPS estimates and the subsequent positive stock price reactions, there is a strong likelihood of a positive short-term impact on SPT's stock price if the trend continues. The anticipation of positive guidance for future growth further supports this outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100