Earnings Preview For Nexxen International
Portfolio Pulse from Benzinga Insights
Nexxen International (NASDAQ:NEXN) is scheduled to release its quarterly earnings report on March 6, 2024, with analysts estimating an EPS of $0.10. The company's past earnings performance shows mixed results with both beats and misses compared to estimates, affecting stock prices variably. Shares have declined by 16.14% over the last year, indicating potential concern among long-term shareholders ahead of the earnings announcement.

March 05, 2024 | 5:01 pm
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NEUTRAL IMPACT
Nexxen International is expected to report an EPS of $0.10 for the upcoming quarter. Historical data shows its stock price reacts variably to earnings reports. With a 16.14% decline over the past year, the upcoming earnings could be crucial for investor sentiment.
Given Nexxen International's mixed past earnings performance and the significant decline in its stock price over the last year, the upcoming earnings report could maintain the current stock price level or induce minor fluctuations. However, the lack of a clear trend in past price reactions to earnings reports and the overall negative performance over the past year makes it challenging to predict a definitive direction for the stock price in the short term.
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