Preview: Honest Co's Earnings
Portfolio Pulse from Benzinga Insights
Honest Co (NASDAQ:HNST) is scheduled to release its quarterly earnings report on March 6, 2024, with analysts expecting an EPS of $-0.08. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat resulting in a 23.33% share price increase. Shares are currently trading at $3.05, up 5.5% over the last year. Investors are looking for not just an earnings beat but also positive future guidance.
March 05, 2024 | 7:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Honest Co is expected to report an EPS of $-0.08 for the upcoming quarter. Historical data shows significant stock price movements post-earnings announcements. Currently trading at $3.05, the stock has seen a 5.5% increase over the past year.
Given Honest Co's history of stock price movements following earnings reports, especially the last quarter's 23.33% increase after beating EPS estimates, there's a strong potential for short-term positive impact if the company beats the EPS estimate again and provides positive guidance. The stock's current upward trend and the historical response to earnings beats suggest a likely positive short-term reaction.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100