SES AI's Earnings Outlook
Portfolio Pulse from Benzinga Insights
SES AI (NYSE:SES) is scheduled to release its quarterly earnings report on February 26, 2024, with analysts expecting an EPS of $-0.08. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat resulting in a 3.4% drop. Shares are currently trading at $1.35, down 56.58% over the last year, indicating a bearish sentiment among long-term shareholders.
February 23, 2024 | 5:01 pm
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SES AI is expected to report an EPS of $-0.08 for the upcoming quarter. Historical data shows mixed reactions to past earnings, with a notable 3.4% drop after the last beat. The stock has significantly underperformed over the past year, indicating bearish sentiment.
The expected EPS and historical performance suggest a cautious outlook for SES AI's stock in the short term. The consistent underperformance over the past year, coupled with mixed reactions to earnings beats, indicates that while the upcoming earnings might not drastically impact the stock, the overall bearish sentiment and potential for negative guidance could maintain downward pressure.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100