Preview: Playa Hotels & Resorts's Earnings
Portfolio Pulse from Benzinga Insights
Playa Hotels & Resorts (NASDAQ:PLYA) is scheduled to release its quarterly earnings report on February 22, 2024, with an estimated EPS of $0.02. Analysts and investors are keen on whether PLYA will surpass this estimate and provide positive guidance for the next quarter. Historical data shows mixed reactions in stock price to past earnings performances. Shares are currently trading at $8.75, reflecting a 10.05% increase over the last 52 weeks.
February 21, 2024 | 6:02 pm
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Playa Hotels & Resorts is anticipated to report an EPS of $0.02 for the upcoming quarter. Historical performance shows variable stock price reactions post-earnings. Currently, shares have risen 10.05% over the past year.
Given the anticipation around beating the EPS estimate and the historical positive reaction to earnings surpassing expectations, PLYA's stock is likely to experience upward movement if it beats the EPS estimate and provides positive guidance. However, the confidence in this prediction takes into account the mixed historical stock price reactions to past earnings reports.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100