Earnings Outlook For Geovax Labs
Portfolio Pulse from Benzinga Insights
Geovax Labs (NASDAQ:GOVX) is scheduled to release its quarterly earnings report on Thursday, 2024-02-29, with an expected EPS of $-2.78. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historical data shows a mixed reaction to past earnings reports, with the stock price fluctuating based on actual EPS outcomes and guidance. Currently, GOVX shares are trading at $2.71, reflecting a 76.12% decrease over the last year, indicating investor concern ahead of the earnings announcement.
February 28, 2024 | 7:02 pm
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Geovax Labs is anticipated to report a quarterly EPS of $-2.78. Historical performance shows sensitivity to earnings outcomes and guidance, with a significant 76.12% annual decline in stock price.
Given the historical sensitivity of GOVX's stock price to earnings reports and guidance, the upcoming announcement could maintain the current stock price level if the company meets or exceeds the EPS estimate and provides positive future guidance. However, the significant annual decline indicates underlying investor concerns that may temper any positive reaction.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100