Earnings Preview For Agenus
Portfolio Pulse from Benzinga Insights
Agenus (NASDAQ:AGEN) is scheduled to release its quarterly earnings report on March 14, 2024, with analysts expecting an EPS of $-0.05. The company's past earnings performance shows a trend of beating EPS estimates, leading to positive stock price movements the following day. However, Agenus shares have declined by 62.46% over the last 52 weeks, indicating long-term shareholder dissatisfaction. Investors will be closely watching the upcoming earnings report, especially the company's guidance for future growth.
March 13, 2024 | 6:01 pm
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Agenus is expected to report an EPS of $-0.05 for the upcoming quarter, with a history of beating estimates potentially influencing stock price positively. However, the significant yearly decline in stock price reflects long-term investor concerns.
Agenus has a history of beating EPS estimates, which has previously led to positive stock price movements the following day. However, the significant decline in stock price over the past year indicates underlying concerns that may temper short-term gains. The upcoming earnings report and particularly the company's guidance for future quarters will be critical in determining short-term stock movement.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100