Tactile Systems Tech's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Tactile Systems Tech (NASDAQ:TCMD) is scheduled to release its quarterly earnings report on February 20, 2024, with an estimated EPS of $0.22. Investors are hopeful for a beat on this estimate and positive guidance for the next quarter. Despite beating EPS estimates in the past, TCMD's stock price has shown volatility post-earnings announcements. Shares are currently trading at $15.28, reflecting a 13.19% increase over the last 52 weeks.
February 19, 2024 | 5:02 pm
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Tactile Systems Tech is anticipated to report an EPS of $0.22 for the upcoming quarter, with investors keen on earnings beat and positive future guidance.
Given TCMD's history of volatility post-earnings announcements, a positive earnings report and guidance could significantly impact the stock price. However, past performance shows that even with earnings beats, the stock has experienced drops, indicating a cautious optimism.
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