Earnings Outlook For Editas Medicine
Portfolio Pulse from Benzinga Insights
Editas Medicine (NASDAQ:EDIT) is scheduled to release its quarterly earnings report on February 28, 2024, with an expected EPS of $-0.54. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historically, Editas Medicine has had mixed results in beating EPS estimates, with share price reactions varying. The stock was trading at $8.06 as of February 26, showing a slight increase of 0.68% over the last 52 weeks.
February 27, 2024 | 6:01 pm
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Editas Medicine is expected to report an EPS of $-0.54 for the upcoming quarter. Historical performance shows mixed reactions to earnings reports, with the stock currently up 0.68% over the last 52 weeks.
The anticipation of Editas Medicine's earnings report and its potential to beat the EPS estimate of $-0.54 creates uncertainty. Historical data shows varied stock price reactions post-earnings, making it challenging to predict short-term movement. The slight year-to-date increase in stock price indicates a cautiously optimistic outlook among long-term investors.
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