Earnings Outlook For Butterfly Network
Portfolio Pulse from Benzinga Insights
Butterfly Network (NYSE:BFLY) is anticipated to report a quarterly EPS of $-0.13 on February 28, 2024. Historical data shows a mixed reaction to past earnings, with the last quarter's beat leading to a 15.6% share price increase. Shares are currently trading at $1.33, reflecting a 34.15% decline over the past year. Investors are keen on both the earnings outcome and the company's future guidance.
February 27, 2024 | 5:01 pm
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Butterfly Network is expected to report a quarterly EPS of $-0.13 on February 28, 2024. The company's past earnings performance and future guidance will be key factors influencing its stock price.
Butterfly Network's stock price has shown sensitivity to both earnings outcomes and future guidance. Given the historical volatility post-earnings and the current downward trend in stock price, the upcoming earnings report and guidance could have a neutral to slightly positive impact, depending on whether they meet or exceed expectations.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100