A Preview Of Fate Therapeutics's Earnings
Portfolio Pulse from Benzinga Insights
Fate Therapeutics (NASDAQ:FATE) is scheduled to release its quarterly earnings report on February 26, 2024, with analysts expecting an EPS of $-0.52. The company's past earnings performance shows a pattern of beating EPS estimates but experiencing a subsequent drop in share price. Shares are currently trading at $6.88, reflecting a 15.97% increase over the last 52 weeks. Investors are advised to pay attention to the company's guidance for future growth, as it can significantly impact stock price.
February 23, 2024 | 5:02 pm
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Fate Therapeutics is expected to report an EPS of $-0.52 for the upcoming earnings, with a history of beating estimates but facing subsequent share price drops.
Given Fate Therapeutics' history of beating EPS estimates but experiencing subsequent share price drops, the upcoming earnings report presents a neutral outlook. The company's past performance and the current share price trend suggest a cautious optimism, but the emphasis on future guidance indicates that investor reactions could vary based on the company's forecasted growth.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100