Braze Earnings Preview
Portfolio Pulse from Benzinga Insights
Braze (NASDAQ:BRZE) is scheduled to release its quarterly earnings report on March 27, 2024, with analysts expecting an EPS of $-0.05. The company's past performance shows a mixed reaction to earnings reports, with share prices fluctuating post-announcement. Shares of Braze have increased by 58.05% over the last 52 weeks, indicating a positive outlook from long-term shareholders. Investors will be keenly watching for the earnings outcome and any forward guidance provided by the company.
March 26, 2024 | 2:00 pm
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Braze is expected to report an EPS of $-0.05 for the upcoming quarterly earnings. The company's stock has seen a 58.05% increase over the past year, indicating positive sentiment among long-term investors.
Given Braze's past performance and the positive trend in its stock price over the last year, the upcoming earnings report is highly relevant. The anticipation of beating the EPS estimate and the potential for positive guidance could further boost investor confidence, likely leading to a short-term positive impact on the stock price. However, as past performance indicates, the actual movement post-earnings can be unpredictable.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100