Earnings Preview: Five9
Portfolio Pulse from Benzinga Insights
Five9 (NASDAQ:FIVN) is scheduled to release its quarterly earnings report on February 21, 2024, with an expected EPS of $0.49. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historical data shows mixed reactions in stock price post-earnings announcements, with the last quarter showing a 12.09% increase after beating EPS estimates. Currently, FIVN shares are trading at $72.67, marking a 10.83% decline over the past year.
February 20, 2024 | 2:01 pm
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Five9 is expected to report an EPS of $0.49 for the upcoming quarter. Historical performance shows significant stock price movements post-earnings, with a notable 12.09% increase last quarter after beating EPS estimates. Currently, the stock is down 10.83% over the past year.
Given Five9's history of stock price movements post-earnings, especially with the last quarter's significant increase after beating EPS estimates, there's a positive outlook for the short term. However, the overall yearly decline in stock price adds a note of caution.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100