Velo3D's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Velo3D (NYSE:VLD) is scheduled to release its quarterly earnings report on March 26, 2024, with analysts expecting an EPS of $-0.08. The company's past earnings performance shows a mixed record of meeting EPS estimates, with a notable 0.0% share price drop following the last quarter's miss. Velo3D's stock has declined 74.88% over the past 52 weeks, indicating a bearish outlook among long-term shareholders ahead of this earnings release.
March 25, 2024 | 2:18 pm
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Velo3D is expected to report an EPS of $-0.08 for the upcoming quarter, with a history of mixed earnings performance and a significant 74.88% decline in stock price over the past year.
Given Velo3D's past earnings performance and the significant decline in its stock price over the past year, the upcoming earnings report is critical. The expected EPS of $-0.08, combined with the historical price sensitivity to earnings announcements, suggests a bearish short-term outlook. However, any positive guidance provided could mitigate this impact.
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