NuScale Power's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
NuScale Power (NYSE:SMR) is scheduled to release its quarterly earnings report on March 14, 2024, with analysts expecting an EPS of $-0.14. The company's past earnings performance shows a trend of not meeting EPS estimates, leading to significant share price drops. Shares are currently trading at $6.27, down 22.5% over the last year. Investors are looking for positive guidance for the next quarter.
March 13, 2024 | 3:01 pm
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NuScale Power is expected to report an EPS of $-0.14 for the latest quarter. Historical performance shows a trend of not meeting EPS estimates, which has previously led to significant share price volatility. The stock is currently down 22.5% over the last year.
Given NuScale Power's history of not meeting EPS estimates and the subsequent negative impact on its share price, it's likely that any deviation from expected results or lack of positive future guidance could lead to further short-term price declines.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100