A Preview Of 2seventy bio's Earnings
Portfolio Pulse from Benzinga Insights
2seventy bio (NASDAQ:TSVT) is scheduled to release its quarterly earnings report on March 5, 2024, with analysts expecting an EPS of $-0.99. The company's past earnings performance shows a mixed record of beating and missing EPS estimates, with share price reactions varying accordingly. Shares have been trading at $5.64 as of March 1, down 51.88% over the last 52 weeks, indicating potential investor concern ahead of the earnings announcement.

March 04, 2024 | 4:02 pm
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2seventy bio is expected to report an EPS of $-0.99 for the latest quarter. Historical performance shows variable reactions to earnings reports, with the stock currently down 51.88% over the last year.
Given 2seventy bio's mixed history of beating and missing EPS estimates and the significant year-to-date stock price decline, the upcoming earnings report could maintain the current stock price level or induce minor fluctuations. The anticipation of the earnings report and the company's guidance for future quarters are crucial factors that investors will closely monitor. However, the stock's recent performance suggests a cautious outlook among investors, which might limit the potential for a significant short-term price movement.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100