Earnings Preview: CPI Card
Portfolio Pulse from Benzinga Insights
CPI Card (NASDAQ:PMTS) is scheduled to release its quarterly earnings report on March 7, 2024, with analysts estimating an EPS of $0.32. The company's past earnings performance shows a mixed record of beating and missing EPS estimates, leading to various stock price changes. Shares of CPI Card have declined by 56.32% over the last 52 weeks, indicating potential concern among long-term shareholders ahead of the earnings announcement.
March 06, 2024 | 5:01 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
CPI Card is expected to report an EPS of $0.32 for the upcoming quarterly earnings. Historical performance shows variability in meeting EPS estimates, which has led to significant stock price movements. With a 56.32% decline in share price over the last year, the upcoming earnings and particularly the guidance provided may have a critical impact on investor sentiment.
Given CPI Card's mixed history of meeting EPS estimates and the significant decline in its share price over the past year, the upcoming earnings report is highly relevant. The company's ability to meet or exceed the EPS estimate and provide positive future guidance could influence investor sentiment and potentially stabilize or improve the stock price in the short term. However, given the variability in past performance, the impact is considered neutral until the actual earnings results are disclosed.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100