Earnings Outlook For PagSeguro Digital
Portfolio Pulse from Benzinga Insights
PagSeguro Digital (NYSE:PAGS) is anticipated to release its quarterly earnings report on February 28, 2024, with an expected EPS of $0.30. Historical data shows a positive correlation between earnings performance and stock price movement. Last quarter, PAGS exceeded EPS estimates, resulting in a 4.86% stock price increase. Over the past year, PAGS shares have risen by 59.52%, indicating a bullish outlook among long-term investors.
February 27, 2024 | 4:01 pm
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PagSeguro Digital is expected to report quarterly earnings with an anticipated EPS of $0.30. Historical performance suggests a positive impact on stock price following earnings announcements.
Given PagSeguro Digital's history of exceeding EPS estimates and the subsequent positive stock price movements, it is likely that a similar outcome could occur if the company meets or exceeds the current EPS expectation. Additionally, the stock's 59.52% increase over the past year suggests a strong bullish sentiment among investors, which could further amplify the positive impact of a favorable earnings report.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100