Cerus's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Cerus (NASDAQ:CERS) is scheduled to release its quarterly earnings report on March 5, 2024, with analysts expecting an EPS of $-0.02. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat resulting in an 8.81% increase. Shares are currently trading at $2.18, down 25.81% over the last year. Investors are looking for positive guidance for the next quarter.
March 04, 2024 | 3:02 pm
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Cerus is expected to report an EPS of $-0.02 for the upcoming earnings, with a focus on future guidance. The stock has seen significant volatility post-earnings in the past, with a 25.81% decline over the last year.
Given Cerus's history of mixed earnings impacts and the current anticipation around its guidance for future growth, the short-term impact on its stock price is uncertain. The focus on guidance rather than just beating or missing estimates suggests that investor reactions could vary based on the outlook provided.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100