A Preview Of Masimo's Earnings
Portfolio Pulse from Benzinga Insights
Masimo (NASDAQ:MASI) is scheduled to release its quarterly earnings report on February 27, 2024, with an expected EPS of $0.86. Investors are hopeful for a beat on this estimate and positive future guidance. Historically, Masimo's share price has reacted to past earnings performances and guidance. Last quarter, Masimo beat the EPS estimate, resulting in a 3.71% share price increase. However, over the last year, Masimo's shares have declined by 20.98%.
February 26, 2024 | 2:01 pm
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NEUTRAL IMPACT
Masimo is expected to report an EPS of $0.86 for the upcoming quarter. Historical data shows its stock price is sensitive to earnings performance and guidance. Despite a positive beat last quarter, the yearly share performance has been negative.
Masimo's stock price has historically reacted to its earnings performance and guidance, with a mix of positive and negative movements post-earnings announcements. Given the expected EPS and the company's past performance, the short-term impact on MASI's stock price could be neutral as investors may have mixed expectations based on the historical data and the overall negative yearly performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100