Stellus Cap Investment's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Stellus Cap Investment (NYSE:SCM) is scheduled to release its quarterly earnings report on March 4, 2024, with analysts expecting an EPS of $0.45. The company's past earnings performance shows a pattern of beating EPS estimates but experiencing a subsequent drop in share price. Over the last year, SCM shares have declined by 16.93%, indicating a bearish outlook among long-term shareholders.
March 01, 2024 | 4:00 pm
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Stellus Cap Investment is expected to report an EPS of $0.45 for the upcoming quarter, with a history of beating estimates but facing share price declines post-announcement.
Given SCM's history of beating EPS estimates but experiencing subsequent share price declines, and considering the overall 16.93% decrease in share value over the past year, it's likely that the upcoming earnings report could lead to a short-term negative impact on SCM's stock price. The pattern of past performance and the bearish sentiment among long-term shareholders suggest a cautious approach.
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