Earnings Preview: Duckhorn Portfolio
Portfolio Pulse from Benzinga Insights
Duckhorn Portfolio (NYSE:NAPA) is scheduled to release its quarterly earnings report on March 7, 2024, with an estimated EPS of $0.18. Analysts and investors are keen on whether the company will surpass this estimate and provide positive future guidance. The company's past earnings performance shows a mix of hits and misses, with the stock price reacting accordingly. Currently, shares are trading at $9.43, marking a 40.46% decline over the last 52 weeks, indicating investor concern ahead of the earnings announcement.
March 06, 2024 | 3:01 pm
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NEUTRAL IMPACT
Duckhorn Portfolio is anticipated to report an EPS of $0.18 for the upcoming quarter. Past earnings have shown volatility in stock price post-announcement. Currently, the stock is down 40.46% over the last year, indicating potential investor concern.
Given Duckhorn Portfolio's history of stock price volatility post-earnings and the current downward trend, the upcoming earnings report could maintain the stock's volatility. However, surpassing the EPS estimate and providing positive guidance could positively impact the stock price. The score is neutral due to the uncertainty of earnings outcomes and their mixed effects on stock prices historically.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100