A Preview Of PLBY Group's Earnings
Portfolio Pulse from Benzinga Insights
PLBY Group (NASDAQ:PLBY) is scheduled to release its quarterly earnings report on March 27, 2024, with an estimated EPS of $-0.14. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historical data shows a pattern of share price decline following earnings misses, with a significant 25.43% drop after last quarter's miss. PLBY's stock has been trading at $0.95, marking a 51.03% decrease over the last year, indicating a bearish outlook among long-term shareholders.
March 26, 2024 | 3:00 pm
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PLBY Group is anticipated to report a quarterly EPS of $-0.14 on March 27, 2024. Historical performance shows significant share price volatility post-earnings, with a notable 25.43% drop after the last miss. The stock has been trading at $0.95, reflecting a 51.03% decline over the past year.
Given PLBY Group's history of share price declines following earnings misses and the overall bearish sentiment indicated by a 51.03% year-over-year decrease, the upcoming earnings report is critical. A failure to meet or exceed the EPS estimate could likely lead to further declines in the short term, especially considering the significant impact past performance has had on share price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100