Earnings Preview: Nerdy
Portfolio Pulse from Benzinga Insights
Nerdy (NYSE:NRDY) is scheduled to release its quarterly earnings report on February 27, 2024, with an expected EPS of $-0.12. Analysts and investors are keen on whether Nerdy will surpass this estimate and provide positive guidance for the next quarter. Historical data shows mixed reactions in stock price following past earnings reports, with significant fluctuations. Currently, Nerdy's shares are trading at $2.97, reflecting an 18.92% increase over the last 52 weeks, indicating a generally positive outlook from long-term shareholders.
February 26, 2024 | 5:02 pm
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Nerdy is anticipated to report an EPS of $-0.12 for the upcoming quarter. Historical performance shows significant stock price volatility post-earnings, with a recent uptrend in share value over the last year.
Given Nerdy's history of earnings performance and its impact on stock price, the upcoming earnings report could go either way. The expected EPS of $-0.12 sets a cautious tone, but past performance and the current positive trend in share price suggest a potential for a positive surprise. However, the mixed historical reaction to earnings reports introduces uncertainty, hence a neutral score.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100