A Preview Of EVgo's Earnings
Portfolio Pulse from Benzinga Insights
EVgo (NASDAQ:EVGO) is scheduled to release its quarterly earnings report on March 6, 2024, with analysts expecting an EPS of $-0.18. Historical data shows mixed reactions to past earnings, with the stock price fluctuating based on actual EPS versus estimates and guidance provided. Over the last year, EVgo's shares have declined by 55.58%, indicating a bearish sentiment among long-term shareholders.
March 05, 2024 | 4:02 pm
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NEUTRAL IMPACT
EVgo is expected to report an EPS of $-0.18 for the upcoming quarter. Historical performance shows variable stock price reactions to earnings outcomes and guidance. Shares have significantly declined over the past year.
The expected EPS and historical earnings performance suggest a cautious outlook for EVgo's stock in the short term. The significant annual decline in share price reflects bearish sentiment, but the actual earnings result and forward guidance will be key drivers of short-term price movement. Given the mixed historical reactions, the short-term impact is uncertain, hence a neutral score.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100