Earnings Outlook For Redwire
Portfolio Pulse from Benzinga Insights
Redwire (NYSE:RDW) is expected to report a Q4 earnings per share (EPS) of $-0.12 on March 14, 2024. Analysts and investors will be looking for an earnings beat and positive guidance for the next quarter. Historical performance shows mixed results with the last quarter missing EPS estimates by $0.00, leading to a 7.37% drop in share price. Over the last 52 weeks, RDW shares have increased by 2.34%, trading at $3.17 as of March 12.
March 13, 2024 | 6:01 pm
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NEUTRAL IMPACT
Redwire is anticipated to report a Q4 EPS of $-0.12 with a focus on beating this estimate and providing positive future guidance. Historical data shows sensitivity in stock price to earnings performance.
Given RDW's history of stock price sensitivity to earnings performance and guidance, the upcoming report could maintain the stock's current trajectory or induce volatility. The anticipation of beating the EPS estimate and providing positive guidance could support a positive short-term impact, but the company's mixed historical earnings performance introduces uncertainty.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100