Earnings Outlook For icad
Portfolio Pulse from Benzinga Insights
icad (NASDAQ:ICAD) is scheduled to release its quarterly earnings report on March 12, 2024, with analysts expecting an EPS of $-0.05. Historical data shows mixed reactions to past earnings, with the last quarter beating estimates but resulting in a 6.99% share price drop. Shares have risen 30.07% over the last year, indicating positive long-term performance. Investors will be keen on both the earnings outcome and the company's future guidance.
March 11, 2024 | 5:01 pm
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NEUTRAL IMPACT
icad is expected to report an EPS of $-0.05 for the latest quarter. Historical performance shows variable stock price reactions to earnings reports. With a 30.07% YOY increase, investors are optimistic but cautious about future guidance.
Given icad's mixed historical earnings performance and the significant year-over-year stock increase, the upcoming earnings report and future guidance will be crucial for short-term stock movement. However, the exact direction is uncertain due to the mixed historical reactions, hence a neutral score.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100