A Preview Of System1's Earnings
Portfolio Pulse from Benzinga Insights
System1 (NYSE:SST) is scheduled to release its quarterly earnings report on March 18, 2024, with analysts expecting an EPS of $-0.33. The company's past earnings performance shows a pattern of beating EPS estimates but experiencing subsequent share price drops. Shares are currently trading at $1.5, down 57.36% over the last year. Investors are looking for positive guidance for the next quarter, which could significantly impact the stock's performance.
March 15, 2024 | 2:01 pm
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System1 is expected to report an EPS of $-0.33 for the upcoming quarter. Historical data shows a trend of beating EPS estimates but facing subsequent share price declines. Currently, shares are significantly down over the past year.
Given System1's history of beating EPS estimates but experiencing share price declines, and the current low share price, it's likely that even a positive earnings report may not significantly uplift the stock in the short term. The market's focus on future guidance rather than past performance could influence the stock's direction, but the historical trend suggests a cautious outlook.
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