Preview: Stagwell's Earnings
Portfolio Pulse from Benzinga Insights
Stagwell (NASDAQ:STGW) is scheduled to release its quarterly earnings report on February 27, 2024, with an estimated EPS of $0.27. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Stagwell's past earnings performance shows a mixed record of beating and missing EPS estimates, with corresponding fluctuations in stock price. Shares are currently trading at $6.92, reflecting a 1.68% increase over the last 52 weeks.
February 26, 2024 | 7:01 pm
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Stagwell is anticipated to report quarterly earnings with an estimated EPS of $0.27. Investors are focused on whether it will exceed this estimate and offer positive future guidance. The stock has shown volatility around earnings announcements, with a 1.68% increase over the past year.
Given Stagwell's history of stock price volatility post-earnings and the anticipation of beating EPS estimates along with positive guidance, there's a potential for short-term stock price appreciation. However, past performance indicates that both beats and misses can lead to price fluctuations.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100