Apollo Medical Hlgs's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Apollo Medical Holdings (NASDAQ:AMEH) is scheduled to release its quarterly earnings report on February 27, 2024. Analysts predict an EPS of $0.15. The company's past performance shows a pattern of beating EPS estimates, leading to positive stock price movements. Shares are currently trading at $40.82, with a 16.96% increase over the last year. Investors are optimistic but will focus on the company's guidance for future growth.
February 26, 2024 | 7:02 pm
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Apollo Medical Holdings is expected to report an EPS of $0.15 for the upcoming quarter. Historical data shows positive stock movement following earnings beats. Shares have increased by 16.96% over the past year.
Given AMEH's history of beating EPS estimates and the subsequent positive stock price reactions, it's likely that if AMEH meets or exceeds the expected EPS of $0.15, the stock price will experience short-term growth. The historical pattern of stock price increases following earnings beats, combined with the overall positive performance over the last year, supports a bullish outlook for AMEH in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100