Axogen Earnings Preview
Portfolio Pulse from Benzinga Insights
Axogen (NASDAQ:AXGN) is scheduled to release its quarterly earnings report on March 5, 2024, with analysts expecting an EPS of $-0.10. Investors are hopeful for a beat on this estimate and positive guidance for the next quarter. Axogen's past earnings performance shows a mix of beats and misses, with the stock price reacting variably. Shares are currently trading at $10.69, reflecting a 32.2% increase over the last 52 weeks, indicating positive sentiment among long-term shareholders.
March 04, 2024 | 3:01 pm
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POSITIVE IMPACT
Axogen is expected to report an EPS of $-0.10 for the upcoming quarter. Positive guidance and past performance could influence stock movement.
Given Axogen's history of beating EPS estimates and the positive year-to-date stock performance, a beat on the expected EPS and/or positive guidance could lead to a short-term increase in stock price. However, the stock's reaction to past earnings indicates that investor sentiment can be mixed, hence the importance of guidance in this announcement.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100