Earnings Outlook For Cricut
Portfolio Pulse from Benzinga Insights
Cricut (NASDAQ:CRCT) is anticipated to report a quarterly EPS of $0.05 on March 5, 2024. Historical data shows mixed reactions to past earnings reports, with share prices fluctuating post-announcement. Over the last year, CRCT shares have declined by 45.33%, indicating potential investor concern ahead of this earnings release.
March 04, 2024 | 2:02 pm
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Cricut is expected to report a quarterly EPS of $0.05 on March 5, 2024, amidst a backdrop of a 45.33% decline in share price over the past year.
Given Cricut's mixed historical earnings performance and the significant decline in share price over the past year, the upcoming earnings report could maintain the current market sentiment or slightly alter it based on the actual EPS and future guidance provided. However, the consistent decline indicates a bearish trend that might not be easily reversed by a single earnings report.
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