VerifyMe Earnings Preview
Portfolio Pulse from Benzinga Insights
VerifyMe (NASDAQ:VRME) is scheduled to release its quarterly earnings report on March 21, 2024, with analysts expecting an EPS of $-0.03. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat resulting in a 0.98% drop. Shares are currently trading at $1.27, down 10% over the last year. Investors are looking for positive guidance for the next quarter beyond the earnings beat.
March 20, 2024 | 5:01 pm
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VerifyMe is expected to report an EPS of -$0.03 for the upcoming quarter. Historical data shows mixed reactions to past earnings, with a notable 0.98% drop after the last beat. Shares have declined 10% over the past year.
The expected EPS of -$0.03 sets a cautious outlook for VRME, but the focus will likely be on future guidance. Historical performance shows that earnings beats or misses have had mixed impacts on the stock price, indicating a potentially neutral short-term impact. The 10% decline over the past year suggests underlying concerns but also a possible upside if positive guidance is provided.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100