Earnings Preview For MeridianLink
Portfolio Pulse from Benzinga Insights
MeridianLink (NYSE:MLNK) is scheduled to release its quarterly earnings report on March 5, 2024, with analysts expecting an EPS of $-0.13. The company's past performance shows a mixed reaction to earnings reports, with the last quarter's beat resulting in a 5.6% share price increase. Shares have risen 17.1% over the last 52 weeks, indicating a generally positive outlook from long-term shareholders.
March 04, 2024 | 3:02 pm
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MeridianLink is expected to report an EPS of $-0.13 for the upcoming quarter. Historical data shows its stock price can significantly react to earnings reports and guidance provided.
Given the mixed historical performance post-earnings and the anticipation of guidance for future growth, the short-term impact on MLNK's stock price is uncertain. The company's past ability to beat EPS estimates and the positive long-term share performance suggest a potentially bullish outlook, but the expected negative EPS tempers expectations.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100