Rigetti Computing Earnings Preview
Portfolio Pulse from Benzinga Insights
Rigetti Computing (NASDAQ:RGTI) is anticipated to report a quarterly EPS of $-0.13 on March 14, 2024. Historical performance shows mixed results with the stock price reacting variably to past earnings reports. Shares have significantly appreciated over the last year, trading at $2.21 as of March 12, marking a 318.07% increase. Investors are keen on both the earnings outcome and the company's future guidance.
March 13, 2024 | 7:02 pm
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Rigetti Computing is expected to report a quarterly EPS of $-0.13 on March 14, 2024. The stock has seen a significant year-over-year increase of 318.07%, trading at $2.21 as of March 12.
Given Rigetti Computing's mixed historical earnings performance and significant year-over-year stock appreciation, the upcoming earnings report could maintain the current stock price level or induce minor fluctuations. The anticipation of the earnings report and the company's future guidance are key factors that investors are closely monitoring. However, the stock's recent performance suggests a positive investor sentiment that might mitigate any negative impact from a potential earnings miss.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100