Earnings Preview For Socket Mobile
Portfolio Pulse from Benzinga Insights
Socket Mobile (NASDAQ:SCKT) is scheduled to release its quarterly earnings report on March 5, 2024, with analysts expecting an EPS of $-0.06. The company's past earnings performance shows a mixed record of beating and missing EPS estimates, with share price reactions varying accordingly. Over the last year, SCKT shares have declined by 50.93%, reflecting investor concerns. Investors will be closely watching for not only the earnings results but also the company's guidance for future growth.
March 04, 2024 | 6:03 pm
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Socket Mobile is expected to report an EPS of $-0.06 for the upcoming quarter. Past earnings have shown volatility in share price reactions, with a significant 50.93% decline over the past year. Investors will focus on earnings results and future guidance.
Socket Mobile's upcoming earnings report and guidance will be critical for investors, especially given the stock's significant decline over the past year. The mixed history of beating or missing EPS estimates adds uncertainty, making it difficult to predict the short-term stock movement. However, positive guidance could potentially offset concerns about past performance.
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