Earnings Preview For Cutera
Portfolio Pulse from Benzinga Insights
Cutera (NASDAQ:CUTR) is scheduled to release its quarterly earnings report on March 21, 2024, with analysts expecting an EPS of $-0.99. The company's past earnings performance shows a trend of missing EPS estimates, leading to significant drops in share price. Shares are currently trading at $1.98, down 91.69% over the last 52 weeks. Investors are looking for a beat on the EPS estimate and positive guidance for the next quarter.

March 20, 2024 | 3:01 pm
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Cutera is expected to report an EPS of $-0.99 for the upcoming earnings, with a history of missing estimates leading to stock price declines. Currently trading at $1.98, down 91.69% over the last year.
Given Cutera's history of missing EPS estimates and the subsequent negative impact on its stock price, it's likely that any deviation from the expected EPS of $-0.99, especially a miss, could lead to a further decline in the short term. The stock's current low price and the significant decrease over the past year highlight the sensitivity of Cutera's stock to earnings performance. Positive guidance could mitigate some negative impact, but the trend suggests a cautious outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100