Earnings Preview: Delcath Systems
Portfolio Pulse from Benzinga Insights
Delcath Systems (NASDAQ:DCTH) is scheduled to release its quarterly earnings report on March 26, 2024, with an expected EPS of $-0.51. The company's past earnings performance shows a pattern of not meeting EPS estimates, leading to significant share price drops. Shares are currently trading at $4.68, down 19.09% over the last year. Investors are looking for positive guidance for the next quarter.

March 25, 2024 | 4:05 pm
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Delcath Systems is expected to report an EPS of $-0.51 for the upcoming quarter. Historical performance shows a trend of not meeting EPS estimates, affecting the stock price negatively.
Given Delcath Systems' history of not meeting EPS estimates and the subsequent negative impact on its stock price, it is likely that if the trend continues, the stock price may experience a short-term decline. The anticipation of the earnings report and the company's guidance for the next quarter are crucial factors that investors are closely monitoring. The stock's current downward trend over the last year further emphasizes the importance of this earnings report for potential recovery or further decline.
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IMPORTANCE 90
RELEVANCE 100