Preview: Precigen's Earnings
Portfolio Pulse from Benzinga Insights
Precigen (NASDAQ:PGEN) is scheduled to release its quarterly earnings report on March 19, 2024, with an expected EPS of $-0.08. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historical data shows Precigen's stock price is sensitive to earnings performance and guidance, with significant price changes following past earnings announcements. The stock has seen a 31.65% increase over the last 52 weeks, trading at $1.43 as of March 15.
March 18, 2024 | 2:01 pm
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Precigen is expected to announce its quarterly earnings with an anticipated EPS of $-0.08. Investors are looking for an earnings beat and positive future guidance. The stock has historically shown volatility post-earnings, with a 31.65% increase over the last year.
Precigen's stock price has historically been sensitive to its earnings performance and guidance, showing significant fluctuations post-announcement. Given the anticipation of the upcoming earnings report and the company's past volatility, the short-term impact on PGEN's stock price is uncertain but noteworthy for investors. The positive year-over-year return could indicate investor confidence, yet the historical price sensitivity around earnings releases suggests potential short-term volatility.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100