AlTi Global's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
AlTi Global (NASDAQ:ALTI) is expected to report an EPS of $0.04 in its upcoming quarterly earnings on March 15, 2024. Analysts and investors are particularly focused on whether the company will surpass this estimate and provide positive guidance for the next quarter. AlTi Global's past earnings have missed estimates, leading to significant stock price drops. Currently, the stock is trading at $6.09, down 52.57% over the last 52 weeks.
March 14, 2024 | 2:00 pm
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AlTi Global is anticipated to report a quarterly EPS of $0.04. Past earnings misses have led to stock price declines. The stock has fallen 52.57% over the past year.
Given AlTi Global's history of not meeting EPS estimates and the subsequent negative impact on its stock price, the upcoming earnings report is crucial. However, the anticipation of positive guidance could mitigate past performance concerns. The score is neutral due to the uncertainty of the earnings outcome and its mixed potential impact.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100