Earnings Outlook For SuRo Capital
Portfolio Pulse from Benzinga Insights
SuRo Capital (NASDAQ:SSSS) is expected to report a Q4 earnings per share (EPS) of $-0.14 on March 13, 2024. Analysts and investors will be looking for the company to beat this estimate and provide positive guidance for the next quarter. Historical data shows mixed reactions to past earnings reports, with the stock price fluctuating based on actual EPS outcomes and guidance. Shares have been trading at $4.35 as of March 11, with a 52-week increase of 44.85%.
March 12, 2024 | 5:01 pm
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SuRo Capital is anticipated to report a Q4 EPS of $-0.14, with investors keen on earnings beat and positive future guidance. Historical performance shows stock price sensitivity to earnings outcomes.
Given the historical performance where SuRo Capital's stock price reacted to both the actual EPS and the guidance provided, the upcoming earnings report could have a neutral to slightly positive impact on the stock price. The anticipation of beating the EPS estimate and providing positive guidance could support the stock. However, the mixed historical price reactions suggest a cautious approach.
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