Smith Micro Software's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Smith Micro Software (NASDAQ:SMSI) is scheduled to release its quarterly earnings report on February 22, 2024. Analysts predict an EPS of $-0.02. The company's past earnings performance shows mixed results with both beats and misses, leading to significant price changes. Shares are currently trading at $0.8052, down 72.78% over the last 52 weeks. Investors are looking for positive guidance for the next quarter.
February 21, 2024 | 8:01 pm
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NEGATIVE IMPACT
Smith Micro Software is expected to report an EPS of -$0.02 for the upcoming quarter. Historical data shows significant stock price volatility post-earnings, with a 72.78% decrease over the last year.
Given the historical volatility in Smith Micro Software's stock price following earnings announcements, and the significant year-to-date decrease in share price, it is likely that any negative news or failure to meet expectations could lead to a further decrease in stock price in the short term. The anticipation of guidance for the next quarter also plays a crucial role in investor sentiment.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100