Earnings Preview For SecureWorks
Portfolio Pulse from Benzinga Insights
SecureWorks (NASDAQ:SCWX) is scheduled to release its quarterly earnings report on March 14, 2024, with an expected EPS of $-0.03. Analysts and investors will be closely watching for not only an earnings beat but also positive guidance for the next quarter. Historical data shows mixed reactions to past earnings reports, with the stock price experiencing minor fluctuations. Currently, SCWX shares are trading at $6.1, marking a 19.55% decline over the last 52 weeks, indicating potential concern among long-term shareholders.
March 13, 2024 | 5:01 pm
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SecureWorks is expected to report a quarterly EPS of $-0.03 on March 14, 2024. Investors are keen on earnings performance and future guidance amid a 19.55% annual decline in stock price.
The expected EPS of $-0.03 and the anticipation of future guidance are crucial for SCWX, especially considering its 19.55% decline over the past year. Historical performance shows minor stock price fluctuations post-earnings, suggesting a potentially neutral short-term impact. However, positive guidance could provide a much-needed boost.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100