A Preview Of NV5 Global's Earnings
Portfolio Pulse from Benzinga Insights
NV5 Global (NASDAQ:NVEE) is scheduled to release its quarterly earnings report on February 22, 2024, with analysts expecting an EPS of $1.20. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat resulting in a 1.31% drop. Shares are currently trading at $110.3, down 10.87% over the last year, indicating a bearish sentiment among long-term shareholders.
February 21, 2024 | 7:01 pm
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NV5 Global is expected to report an EPS of $1.20 for the upcoming earnings, with past performance showing mixed reactions in stock price. Currently trading at $110.3, down 10.87% over the last year.
The expected EPS of $1.20 and the company's history of mixed stock price reactions post-earnings suggest a neutral short-term impact. The current bearish sentiment among long-term shareholders, indicated by a 10.87% decrease over the last year, may temper any positive reaction to the earnings report. However, the company's ability to beat the EPS estimate and provide positive guidance could influence the stock price positively, albeit the past performance suggests investor reactions can be unpredictable.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100