A Preview Of Paymentus Holdings's Earnings
Portfolio Pulse from Benzinga Insights
Paymentus Holdings (NYSE:PAY) is scheduled to release its quarterly earnings report on March 4, 2024, with an estimated EPS of $0.07. Historically, the company has surpassed EPS estimates, leading to significant share price increases. Shares are currently trading at $15.56, up 88.84% over the last year, indicating a bullish sentiment among long-term shareholders.
March 01, 2024 | 2:01 pm
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POSITIVE IMPACT
Paymentus Holdings is expected to report an EPS of $0.07 for the upcoming quarter. Historically, surpassing EPS estimates has positively impacted its share price, with an 88.84% increase over the last year.
Given Paymentus Holdings' history of surpassing EPS estimates and the subsequent positive impact on its share price, it's likely that a similar outcome, especially if accompanied by positive guidance, could lead to a short-term price increase. The company's strong performance over the last year further supports a bullish outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100