MoneyLion's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
MoneyLion (NYSE:ML) is scheduled to release its quarterly earnings report on March 7, 2024, with analysts expecting an EPS of $-0.43. The company's historical performance shows a mix of earnings beats and misses, with the last quarter beating EPS estimates by $0.76, leading to a 15.53% share price increase the following day. Shares are currently trading at $50.28, marking an 180.85% increase over the last 52 weeks. Investors are hopeful for positive guidance for the next quarter.
March 06, 2024 | 6:01 pm
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POSITIVE IMPACT
MoneyLion is expected to announce its quarterly earnings with an anticipated EPS of $-0.43. Historical data shows significant stock price movements post-earnings announcements. Currently, shares have seen a substantial year-to-date increase.
Given MoneyLion's history of stock price movements following earnings reports, especially after the last quarter's beat and subsequent 15.53% increase, there's a positive outlook for the short term. The anticipation of positive guidance could further bolster investor confidence, potentially leading to an increase in stock price. However, the actual impact will heavily depend on whether the earnings beat expectations and the nature of the forward-looking statements provided by the company.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100