A Preview Of Grove Collaborative Hldgs's Earnings
Portfolio Pulse from Benzinga Insights
Grove Collaborative Holdings (NYSE:GROV) is scheduled to release its quarterly earnings report on March 6, 2024, with an anticipated EPS of $-0.23. Investors are hopeful for a beat on this estimate and positive future guidance. Despite past earnings misses and mixed stock performance, with a 7.19% decline over the last year, the company's guidance and actual performance relative to estimates will be key factors influencing the stock price.
March 05, 2024 | 8:03 pm
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Grove Collaborative Holdings is expected to report an EPS of $-0.23 for the upcoming quarter. Past performance shows mixed reactions to earnings reports, with the stock experiencing both gains and losses post-earnings.
Given the anticipated EPS and the historical stock performance post-earnings, the short-term impact on GROV's stock price is uncertain. While the company has experienced both positive and negative post-earnings stock movements, the guidance provided alongside the earnings report could play a crucial role in determining the stock's direction. However, the overall negative trend over the past year suggests investor caution.
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IMPORTANCE 90
RELEVANCE 100