Greenlight Capital Re's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Greenlight Capital Re (NASDAQ:GLRE) is scheduled to release its quarterly earnings report on March 5, 2024, with analysts expecting an EPS of $0.42. The company's past earnings performance shows a mix of beats and misses, with the stock price reacting variably. Shares have risen 23.56% over the last 52 weeks, indicating a positive outlook from long-term shareholders.
March 04, 2024 | 4:02 pm
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Greenlight Capital Re is expected to report an EPS of $0.42 for the upcoming quarter. Historical performance shows variability in stock price reaction to earnings reports. Shares have increased by 23.56% over the past year, indicating a positive trend.
Given the positive trend in share price over the past year and the company's history of beating EPS estimates, there is a likelihood of a positive short-term impact on GLRE's stock price, especially if the earnings beat expectations and the company provides favorable guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100