Earnings Outlook For Charlottes Web Holdings
Portfolio Pulse from Benzinga Insights
Charlottes Web Holdings (OTC:CWBHF) is expected to report its quarterly earnings on Thursday, 2024-03-21, with an estimated EPS of $-0.07. Historical performance shows a pattern of not meeting EPS estimates, leading to negative stock price reactions. Shares are currently trading at $0.18, down 41.22% over the last year. Investors are looking for positive guidance for the next quarter.
March 20, 2024 | 4:01 pm
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Charlottes Web Holdings is anticipated to report a quarterly EPS of $-0.07. Historical trends show negative reactions to missed estimates. The stock has declined 41.22% over the past year.
Given Charlottes Web Holdings' history of not meeting EPS estimates and the subsequent negative stock price reactions, it's likely the upcoming earnings report could result in a similar short-term negative impact, especially if the company fails to meet or exceed the current EPS estimate or provide positive future guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100