Preview: Open Lending's Earnings
Portfolio Pulse from Benzinga Insights
Open Lending (NASDAQ:LPRO) is scheduled to release its quarterly earnings report on February 27, 2024, with an estimated EPS of $0.04. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historical data shows a significant impact of earnings performance on the stock price, with notable fluctuations following past earnings announcements. Shares of Open Lending have increased by 12.57% over the last 52 weeks, indicating a generally positive sentiment among long-term shareholders.
February 26, 2024 | 5:01 pm
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Open Lending is anticipated to report quarterly earnings with an EPS estimate of $0.04. Historical performance and guidance will be key factors influencing the stock price.
Given the historical sensitivity of Open Lending's stock price to earnings performance and guidance, a positive report exceeding the EPS estimate of $0.04, coupled with optimistic future guidance, could lead to an uptick in the stock price. Conversely, failing to meet or exceed expectations may result in a negative price reaction, as seen in previous quarters.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100