Earnings Outlook For Paragon 28
Portfolio Pulse from Benzinga Insights
Paragon 28 (NYSE:FNA) is scheduled to release its quarterly earnings report on Thursday, 2024-02-29, with an expected EPS of $-0.09. Investors are hopeful for a beat on this estimate and positive guidance for the next quarter. The company's past earnings performance shows a pattern of not meeting EPS estimates, leading to significant price drops. Currently, shares are trading at $12.16, marking a 33.52% decrease over the last 52 weeks.
February 28, 2024 | 4:01 pm
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Paragon 28 is expected to report an EPS of $-0.09 for the quarter. Historical performance shows a trend of not meeting EPS estimates, affecting stock prices negatively. Shares have decreased by 33.52% over the last year.
Given Paragon 28'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 decrease in stock price in the short term. The stock has already been on a downward trend, losing 33.52% over the last year, indicating investor skepticism.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100