Earnings Outlook For Olaplex Hldgs
Portfolio Pulse from Benzinga Insights
Olaplex Holdings (NASDAQ:OLPX) is scheduled to release its quarterly earnings report on February 29, 2024, with analysts expecting an EPS of $0.03. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat resulting in a 0.58% drop. Shares are currently trading at $2.02, down 54.18% over the last year, indicating negative sentiment among long-term shareholders.
February 28, 2024 | 2:01 pm
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Olaplex Holdings is expected to report an EPS of $0.03 for the upcoming quarter. Historical data shows its stock price reacts variably to earnings reports, with a recent 0.58% drop after beating estimates. Currently trading at $2.02, down significantly over the past year.
Given Olaplex Holdings' mixed historical stock performance post-earnings and the current negative sentiment reflected in its 54.18% YTD decline, the short-term impact of the upcoming earnings report is uncertain. The company's ability to beat the EPS estimate and provide positive guidance could influence stock direction, but investor sentiment appears cautious.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100