SEMrush Hldgs's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
SEMrush Hldgs (NYSE:SEMR) is set to release its quarterly earnings report on Monday, 2024-03-04, with analysts estimating an EPS of $0.03. The company's past earnings performance shows a pattern of beating EPS estimates, leading to varying stock price changes. Shares of SEMrush Hldgs have seen a 57.51% increase over the last 52 weeks, trading at $12.48 as of February 29.
March 01, 2024 | 2:01 pm
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SEMrush Hldgs is anticipated to report an EPS of $0.03 in its upcoming quarterly earnings, with a history of beating estimates and positively impacting its stock price.
Given SEMrush Hldgs's history of beating EPS estimates and the subsequent positive stock price movements, it's likely that a similar outcome, especially if the EPS beat is accompanied by positive guidance, could lead to an increase in the stock price in the short term. The company's strong performance over the last year further supports this potential.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100