Preview: Akili's Earnings
Portfolio Pulse from Benzinga Insights
Akili (NASDAQ:AKLI) is scheduled to release its quarterly earnings report on Thursday, 2024-02-29, with an estimated EPS of $-0.21. Analysts and investors will be looking for the company to beat this estimate and provide positive guidance for the next quarter. Historical data shows mixed reactions to past earnings reports, with the stock price fluctuating based on actual EPS outcomes and guidance. Currently, Akili's shares are trading at $0.465, marking a 76.13% decrease over the last 52 weeks, indicating general investor dissatisfaction.
February 28, 2024 | 6:01 pm
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Akili is expected to announce its quarterly earnings with an estimated EPS of $-0.21. Investors are hopeful for a beat and positive future guidance. The stock has seen a significant decline over the past year.
The short-term impact on AKLI's stock price will likely depend on whether the company beats the EPS estimate and provides positive future guidance. Historical performance shows that the stock price can react negatively even to an earnings beat if the guidance is not favorable. Given the stock's significant decline over the past year, investor sentiment may already be low, which could moderate the impact of the earnings report.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100