Cardlytics's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Cardlytics (NASDAQ:CDLX) is scheduled to release its quarterly earnings report on March 14, 2024, with an estimated EPS of $0.12. Investors are keen on both the earnings outcome and the company's future guidance. Historically, Cardlytics's stock price has shown significant volatility post-earnings announcements. The company's shares have risen 157.57% over the last 52 weeks, indicating a positive trend. However, past performance shows mixed results with both positive and negative post-earnings price changes.
March 13, 2024 | 3:02 pm
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Cardlytics is expected to report an EPS of $0.12 for the upcoming quarter. Historical data shows significant stock price movements post-earnings, with a 157.57% increase over the last year indicating a positive trend.
Given the positive trend in Cardlytics's stock price over the last year and the anticipation surrounding the upcoming earnings report, there is a potential for the stock to continue its upward trajectory, especially if the company beats the EPS estimate and provides positive future guidance. However, the historical volatility post-earnings announcements suggests that investors should be cautious.
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