Earnings Outlook For TeraWulf
Portfolio Pulse from Benzinga Insights
TeraWulf (NASDAQ:WULF) is scheduled to release its quarterly earnings report on March 19, 2024, with an expected EPS of $-0.02. Historical data shows a pattern of share price movement post-earnings announcement, with a notable 4.7% drop after missing EPS last quarter. Over the past year, WULF shares have surged 137.57%, indicating a bullish sentiment among long-term investors. The upcoming earnings report and particularly the company's guidance will be crucial for short-term stock performance.
March 18, 2024 | 3:00 pm
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NEUTRAL IMPACT
TeraWulf is expected to report an EPS of -$0.02 for the upcoming quarter. Historical performance indicates potential volatility in share price post-earnings, with a significant annual increase suggesting long-term investor confidence.
Given TeraWulf's history of share price volatility post-earnings and the significant annual increase in share price, the upcoming earnings report is likely to have a neutral to slightly positive impact in the short term. The expected EPS is close to previous quarters, and investor sentiment appears to be generally positive, but the company's guidance will play a crucial role in determining the immediate stock price movement.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100