Earnings Preview For FiscalNote Holdings
Portfolio Pulse from Benzinga Insights
FiscalNote Holdings (NYSE:NOTE) is scheduled to release its quarterly earnings report on 2024-03-12, with analysts expecting an EPS of $-0.15. The company's past earnings performance shows a pattern of beating EPS estimates but experiencing a drop in share price the following day. Shares are currently trading at $2.15, up 21.1% over the last 52 weeks. Investors will be keenly watching for the earnings outcome and particularly the company's guidance for future growth.
March 11, 2024 | 6:01 pm
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FiscalNote Holdings is expected to report an EPS of $-0.15 for the latest quarter, with a history of beating estimates but experiencing subsequent share price drops. Shares have risen 21.1% over the last year, indicating positive investor sentiment.
Given FiscalNote Holdings' history of beating EPS estimates but experiencing share price drops the following day, the short-term impact on NOTE's stock price could be neutral. While a beat on the EPS estimate could initially boost investor sentiment, the company's history suggests any gains could be tempered by subsequent price adjustments. The long-term positive trend in the stock price, however, indicates strong investor confidence, which might mitigate any negative short-term reactions.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100