Earnings Preview For DigitalBridge Gr
Portfolio Pulse from Benzinga Insights
DigitalBridge Gr (NYSE:DBRG) is scheduled to release its quarterly earnings report on February 20, 2024, with analysts expecting an EPS of $-0.15. The company's historical performance shows a mix of earnings beats and misses, with the last quarter beating EPS estimates by $1.52, leading to an 11.1% share price increase the following day. Shares are currently trading at $20.55, up 48.05% over the last 52 weeks, indicating a positive sentiment among long-term shareholders.
February 19, 2024 | 5:01 pm
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POSITIVE IMPACT
DigitalBridge Gr is expected to report an EPS of $-0.15 for the upcoming quarter. Historical data shows significant stock price movements post-earnings announcements, with a notable 11.1% increase after last quarter's beat.
Given DigitalBridge Gr's history of stock price movements following earnings reports, especially after the last quarter's significant beat and subsequent 11.1% price increase, there is a strong likelihood of positive short-term impact on DBRG's stock price if the company beats the EPS estimate again or provides positive guidance for the future.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100