Earnings Outlook For PAR Technology
Portfolio Pulse from Benzinga Insights
PAR Technology (NYSE:PAR) is scheduled to release its quarterly earnings report on February 27, 2024, with analysts expecting an EPS of $-0.26. The company's past earnings performance shows a mix of beats and misses, with the last quarter beating estimates by $0.14, leading to a 9.27% share price increase the following day. Shares are currently trading at $46.27, up 35.95% over the last 52 weeks, indicating a positive sentiment among long-term shareholders ahead of the earnings announcement.
February 26, 2024 | 7:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
PAR Technology is expected to report an EPS of $-0.26 for the upcoming quarter. Historical data shows significant stock price movements following earnings announcements, with a positive trend over the last year.
Given PAR Technology's history of stock price movements post-earnings and the positive trend in its share price over the last year, the upcoming earnings report is likely to have a positive short-term impact. The anticipation of beating the EPS estimate and the potential for positive guidance could drive investor optimism and push the stock price up.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100