Nuvei's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Nuvei (NASDAQ:NVEI) is scheduled to release its quarterly earnings report on March 5, 2024, with an expected EPS of $0.45. Despite past fluctuations in share price post-earnings, the focus will be on beating estimates and providing positive future guidance. Historical performance shows mixed results, with the last quarter missing EPS estimates but resulting in a 19.75% share price increase. Over the last year, shares have declined by 17.52%.
March 04, 2024 | 2:02 pm
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Nuvei is expected to report an EPS of $0.45 for the upcoming quarter. Historical data shows significant share price movements post-earnings, with a 19.75% increase after the last report despite a miss. Shares have declined 17.52% over the past year.
Given Nuvei's history of share price volatility post-earnings, the upcoming report could lead to significant price movements, especially if they beat the EPS estimate and provide positive guidance. However, the recent downward trend in share price suggests investor caution.
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