Earnings Preview: Runway Gwth Fin
Portfolio Pulse from Benzinga Insights
Runway Gwth Fin (NASDAQ:RWAY) is scheduled to release its quarterly earnings report on March 7, 2024. Analysts predict an EPS of $0.49. The company's historical performance shows a pattern of beating EPS estimates, leading to positive stock price movements. Shares are currently trading at $13.35, with a 3.26% increase over the last year. Investors are optimistic but will focus on the company's guidance for future growth.
March 06, 2024 | 3:01 pm
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Runway Gwth Fin is expected to report an EPS of $0.49 for the upcoming quarter. Historical data shows positive stock movement post-earnings release, with shares currently up 3.26% over the last year.
Given RWAY's history of beating EPS estimates and the subsequent positive stock price reactions, there's a strong likelihood of a positive short-term impact on the stock price if the trend continues. The anticipation of future guidance will also play a crucial role.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100