A Preview Of Staar Surgical's Earnings
Portfolio Pulse from Benzinga Insights
Staar Surgical (NASDAQ:STAA) is anticipated to report a quarterly EPS of $0.17 on Monday, 2024-02-26. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Staar Surgical's past earnings performance shows a pattern of beating EPS estimates but experiencing a subsequent drop in share price. Currently, shares are trading at $30.5, marking a 46.22% decrease over the last 52 weeks, indicating a period of negative returns for long-term shareholders.
February 23, 2024 | 3:01 pm
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NEUTRAL IMPACT
Staar Surgical is expected to report a quarterly EPS of $0.17, with investors looking for an earnings beat and positive future guidance. The stock has seen a 46.22% decrease over the past year, indicating potential volatility around the earnings announcement.
Given Staar Surgical's history of beating EPS estimates but experiencing subsequent share price drops, the upcoming earnings report could maintain this pattern. However, the anticipation of positive guidance could potentially offset negative trends, making the short-term impact neutral. The significant yearly decline in share price adds uncertainty, hence a neutral score with high relevance and importance but moderate confidence.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100