Opera's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Opera (NASDAQ:OPRA) is scheduled to release its quarterly earnings report on Thursday, 2024-02-29, with analysts estimating an EPS of $0.23. Historical data shows Opera has a mixed record of beating EPS estimates, with a notable 22% stock price increase in Q1 2023 after beating the estimate. Shares are currently trading at $11.25, up 23.95% over the last 52 weeks, indicating a positive outlook among long-term shareholders.
February 28, 2024 | 5:01 pm
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Opera is expected to report an EPS of $0.23 in its upcoming earnings, with historical performance indicating potential for positive stock movement on beating estimates.
Given Opera's history of stock price increases following earnings beats and the positive sentiment among long-term shareholders, there's a high likelihood of a positive short-term impact on OPRA's stock price if the company beats the EPS estimate again. The 23.95% YOY increase in share price further supports a bullish outlook.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100