Hyperfine Earnings Preview
Portfolio Pulse from Benzinga Insights
Hyperfine (NASDAQ:HYPR) is scheduled to release its quarterly earnings report on March 21, 2024, with an estimated EPS of $-0.18. Investors are hopeful for a beat on this estimate and positive guidance for the next quarter. Historical data shows mixed reactions to past earnings, with the last quarter's beat followed by a 21.37% drop in share price. Shares are currently trading at $1.18, down 3.23% over the last year.
March 20, 2024 | 4:01 pm
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NEUTRAL IMPACT
Hyperfine is expected to report an EPS of $-0.18 for the upcoming quarter. Historical performance shows significant price volatility post-earnings, with a notable 21.37% drop after the last report. Shares are currently down 3.23% over the past year.
Given Hyperfine's history of price volatility post-earnings and the current downward trend in share price, the upcoming earnings report could maintain the stock's volatility. However, the exact direction will heavily depend on the reported EPS and future guidance, making the short-term impact neutral until the actual figures are released.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100