Earnings Outlook For Safety Insurance Group
Portfolio Pulse from Benzinga Insights
Safety Insurance Group (NASDAQ:SAFT) is scheduled to release its quarterly earnings report on 2024-02-27, with analysts estimating an EPS of $0.77. The company's past performance shows mixed results with both beats and misses in previous quarters. Shares were trading at $84.97 as of February 23, with a 4.46% increase over the last 52 weeks. Investors are advised to look for the company's guidance for the next quarter, which could significantly impact the stock price.
February 26, 2024 | 6:01 pm
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Safety Insurance Group is expected to report an EPS of $0.77 for the upcoming quarter. Historical performance shows variability in meeting estimates, which could influence investor sentiment. The stock has seen a 4.46% increase over the past year, indicating a positive trend.
Given the mixed historical performance in meeting EPS estimates, the short-term impact on SAFT's stock price is uncertain. However, the overall positive annual trend and the importance of future guidance suggest a neutral to potentially positive outlook, depending on the actual earnings report and future projections provided by the company.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100