Aeva Technologies's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Aeva Technologies (NYSE:AEVA) is expected to report a Q4 earnings per share (EPS) of $-0.15 on March 5, 2024. Historically, the company has beaten EPS estimates but experienced share price drops post-earnings. Over the last year, AEVA shares have declined by 38.61%, with the stock currently trading at $1.03. Investors are looking for not just an earnings beat but also positive guidance for future growth.
March 04, 2024 | 5:01 pm
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Aeva Technologies is anticipated to announce a Q4 EPS of -$0.15, with a history of beating estimates but facing post-earnings share price declines. The stock has fallen 38.61% over the past year, trading at $1.03.
Given AEVA's history of beating EPS estimates but experiencing share price declines post-earnings, and the overall negative performance over the past year, it's likely that the upcoming earnings report could lead to further short-term price declines, especially if the guidance does not meet investor expectations.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100