A Preview Of Atlantica Sustainable's Earnings
Portfolio Pulse from Benzinga Insights
Atlantica Sustainable (NASDAQ:AY) is scheduled to release its quarterly earnings report on March 1, 2024, with analysts expecting an EPS of $-0.24. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat resulting in a 0.83% drop. Shares are currently trading at $17.8, down 37.17% over the last year, indicating a negative trend for long-term shareholders.
February 29, 2024 | 2:00 pm
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NEUTRAL IMPACT
Atlantica Sustainable is expected to report an EPS of $-0.24 for the upcoming quarter. Historical data shows mixed reactions to past earnings, with a recent beat leading to a slight stock price drop. Shares have significantly declined over the past year.
The expected EPS and historical performance suggest a cautious outlook for AY's stock in the short term. The consistent decline over the past year and the mixed reaction to past earnings indicate uncertainty. However, the actual impact will depend on whether AY beats the current EPS estimate and provides positive guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100