Earnings Outlook For Hall Of Fame Resort
Portfolio Pulse from Benzinga Insights
Hall Of Fame Resort (NASDAQ:HOFV) is scheduled to release its quarterly earnings report on March 20, 2024, with analysts expecting an EPS of $-2.60. The company's past earnings performance shows a trend of not meeting EPS estimates, leading to subsequent drops in share price. Shares are currently trading at $3.62, reflecting a 57.36% decrease over the last 52 weeks. Investors are looking for positive guidance for the next quarter to potentially influence the stock's performance.
March 19, 2024 | 4:01 pm
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Hall Of Fame Resort is expected to report an EPS of $-2.60 for the upcoming quarter. Historical performance shows a trend of not meeting EPS estimates, negatively impacting the stock price. Currently trading at $3.62, the stock has seen a significant decline over the past year.
Given Hall Of Fame Resort's history of not meeting EPS estimates and the subsequent negative impact on its stock price, it is likely that if the trend continues, the stock price may experience further short-term decline. The anticipation of the earnings report and the company's guidance for the next quarter will be crucial for investors.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100