A Preview Of Direct Digital Holdings's Earnings
Portfolio Pulse from Benzinga Insights
Direct Digital Holdings (NASDAQ:DRCT) is scheduled to release its quarterly earnings report on March 21, 2024, with analysts expecting an EPS of $0.26. The company's past performance shows a significant share price increase following earnings beats, with shares currently up 821.45% over the last 52 weeks. Investors are particularly focused on the company's guidance for future growth.
March 20, 2024 | 9:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Direct Digital Holdings is expected to report an EPS of $0.26 for the upcoming quarter. Historical data shows significant stock price movements post-earnings, with a notable 821.45% increase over the last year.
Given DRCT's history of stock price increases following earnings beats and the significant year-over-year growth, there's a strong likelihood of positive short-term impact if the company meets or exceeds the EPS estimate and provides favorable guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100