A Preview Of Mogo's Earnings
Portfolio Pulse from Benzinga Insights
Mogo (NASDAQ:MOGO) is scheduled to release its quarterly earnings report on March 20, 2024, with an expected EPS of $-0.09. Analysts and investors will be looking for the company to beat this estimate and provide positive guidance for future growth. Mogo's past earnings performance shows a pattern of beating EPS estimates but with mixed reactions in stock price changes. Currently, MOGO shares are trading at $1.99, having increased by 18.67% over the last 52 weeks. Investors remain optimistic as the earnings date approaches.
March 19, 2024 | 4:01 pm
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Mogo is expected to report an EPS of $-0.09 for the upcoming quarter. Historically, the company has beaten EPS estimates, but this has led to mixed stock price reactions. Shares have risen 18.67% over the past year, indicating positive investor sentiment.
Given Mogo's history of beating EPS estimates but experiencing mixed stock price reactions, the short-term impact on MOGO's stock price is uncertain. The positive year-over-year share price growth suggests investor optimism, which could buffer any negative reactions to the earnings report. However, the actual EPS result and future guidance will be key factors influencing the stock's short-term direction.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100