Earnings Preview For Viant Technology
Portfolio Pulse from Benzinga Insights
Viant Technology (NASDAQ:DSP) is set to report its quarterly earnings on 2024-03-04, with an estimated EPS of $-0.03. Analysts and investors are keen on not just the earnings beat but also the forward guidance. Historically, Viant Technology has surpassed EPS estimates, leading to significant stock price increases. The stock has seen a 98.28% rise over the last 52 weeks, trading at $9.09 as of February 29.
March 01, 2024 | 3:00 pm
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Viant Technology is anticipated to report an EPS of $-0.03 for the quarter. Historical performance shows significant stock price movements post-earnings announcements, especially with earnings beats and positive guidance.
Given Viant Technology's history of surpassing EPS estimates and the subsequent positive stock price reactions, there's a strong likelihood of a positive short-term impact on DSP's stock price if the company beats the EPS estimate again and provides optimistic future guidance. The anticipation of this event, based on past performance, suggests a potential increase in stock price, especially considering the 98.28% rise over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100