Earnings Outlook For Endava
Portfolio Pulse from Benzinga Insights
Endava (NYSE:DAVA) is scheduled to release its quarterly earnings report on Thursday, 2024-02-29, with analysts expecting an EPS of $0.37. The company's past earnings performance shows a mixed pattern of beating and missing EPS estimates, with corresponding fluctuations in stock price. Shares of Endava were trading at $64.29 as of February 27, reflecting a 21.07% decline over the last 52 weeks. Investors are likely focused on both the reported earnings and the company's future guidance.
February 28, 2024 | 6:01 pm
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NEUTRAL IMPACT
Endava is expected to report an EPS of $0.37 for the quarter. Historical performance shows a pattern of beating estimates and stock price reactions. Currently, shares are down 21.07% over the last 52 weeks.
Endava's upcoming earnings report and guidance are crucial for short-term stock movement. Historical data shows that beating EPS estimates can positively affect the stock price, but the overall 21.07% decline over the past year suggests a bearish sentiment among long-term investors. The mixed past performance makes the short-term impact uncertain, hence a neutral score.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100