Fisker Earnings Preview
Portfolio Pulse from Benzinga Insights
Fisker (NYSE:FSR) is scheduled to release its quarterly earnings report on Thursday, 2024-02-29, with an expected EPS of $-0.27. Investors are hopeful for a beat on this estimate and positive guidance for the next quarter. Fisker's stock performance has been negative over the last year, with a 90.4% decline. The company's past earnings have shown a pattern of not meeting EPS estimates, leading to significant price drops.
February 28, 2024 | 3:01 pm
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Fisker is expected to announce its quarterly earnings with an anticipated EPS of $-0.27. The company's stock has significantly declined by 90.4% over the past year, and past earnings misses have resulted in substantial price drops.
Given Fisker's history of not meeting EPS estimates and the subsequent negative impact on its stock price, it's likely that any deviation from the expected EPS or negative guidance could lead to a further decline in the short term. The stock has already been under significant pressure, as indicated by the 90.4% decline over the past year, making it more susceptible to negative news.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100