Nextdoor Holdings Earnings Preview
Portfolio Pulse from Benzinga Insights
Nextdoor Holdings (NYSE:KIND) is scheduled to release its quarterly earnings report on February 27, 2024, with analysts expecting an EPS of $-0.10. Historical performance shows mixed results with the stock price reacting variably to past earnings announcements. Shares are currently trading at $2.0, reflecting a slight increase over the last year. Investors are keen on both the earnings outcome and the company's future guidance.
February 26, 2024 | 5:02 pm
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NEUTRAL IMPACT
Nextdoor Holdings is expected to report an EPS of $-0.10 for the upcoming quarter. Historical data shows significant stock price movements post-earnings announcements. Currently trading at $2.0, the stock has seen a modest year-over-year increase.
Given KIND's history of stock price volatility post-earnings, the upcoming report could lead to significant short-term price movement. However, the actual impact will heavily depend on whether KIND meets or exceeds the EPS expectations and the future guidance provided. The slight year-over-year growth suggests a cautiously optimistic outlook, but the stock's past sensitivity to earnings announcements warrants a neutral score.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100