Cue Health's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Cue Health (NASDAQ:HLTH) is scheduled to release its quarterly earnings report on March 13, 2024, with an expected EPS of $-0.44. Analysts and investors will be closely watching for not only an earnings beat but also positive guidance for future growth. Cue Health's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat resulting in a slight drop. The stock has significantly underperformed over the last year, with a 52-week decline of 86.77%.
March 12, 2024 | 4:01 pm
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Cue Health is expected to report an EPS of $-0.44 for the upcoming quarter. Past performance shows mixed reactions to earnings reports, with the stock experiencing a significant 52-week decline of 86.77%.
Given the expected EPS and the historical performance of Cue Health's stock following earnings announcements, the short-term impact on HLTH's stock price could be neutral. The stock's significant decline over the past year suggests that investors may have already adjusted their expectations, and the actual earnings result compared to the estimate, along with future guidance, will likely be the key drivers of any immediate price movement.
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IMPORTANCE 90
RELEVANCE 100