National Vision Holdings Earnings Preview
Portfolio Pulse from Benzinga Insights
National Vision Holdings (NASDAQ:EYE) is scheduled to release its quarterly earnings report on February 27, 2024, with an expected EPS of $-0.09. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historical data shows that EYE's stock price reacts more significantly to guidance than to earnings beats or misses. In the last quarter, EYE beat the EPS estimate by $0.06, leading to a 6.29% increase in its stock price the following day. However, over the last 52 weeks, EYE shares have declined by 45.12%, indicating a bearish sentiment among long-term shareholders.
February 26, 2024 | 7:01 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
National Vision Holdings is expected to report an EPS of $-0.09 for the upcoming quarter. Historical performance shows significant stock price movement following earnings guidance rather than the actual earnings result. Last quarter's beat resulted in a 6.29% stock price increase. However, the stock has seen a 45.12% decline over the past year, indicating a bearish long-term sentiment.
The short-term impact on EYE's stock price will likely hinge on whether it beats the EPS estimate and, more importantly, the guidance it provides for future quarters. Historical data suggests positive guidance could lead to stock price increases. However, the overall bearish sentiment and the 45.12% decline over the past year may temper any short-term gains.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100