Earnings Outlook For Neuronetics
Portfolio Pulse from Benzinga Insights
Neuronetics (NASDAQ:STIM) is scheduled to release its quarterly earnings report on March 5, 2024, with an expected EPS of $-0.26. Despite missing the EPS estimate last quarter by $0.02, the stock price increased by 4.29% the following day. Historical performance shows mixed results post-earnings, with shares currently down 30.17% over the last 52 weeks. Investors are looking for positive guidance for the next quarter.
March 04, 2024 | 6:02 pm
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Neuronetics is expected to report an EPS of $-0.26 for the upcoming quarter. Historical data shows mixed stock price reactions post-earnings, with a notable 30.17% decline over the last year.
Given Neuronetics' mixed historical earnings performance and the significant decline in stock price over the past year, the upcoming earnings report and particularly the guidance for the next quarter will be crucial. However, the impact on the stock price in the short term is uncertain, as past performance shows varied reactions to earnings reports. The anticipation of positive guidance could support the stock, but the recent trend suggests caution.
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