Earnings Outlook For VNET Gr
Portfolio Pulse from Benzinga Insights
VNET Gr (NASDAQ:VNET) is scheduled to release its quarterly earnings report on March 27, 2024, with an expected EPS of $-0.18. Analysts and investors are keen on whether VNET will surpass this estimate and provide positive future guidance. Historical data shows mixed earnings performance with significant share price volatility post-earnings. Currently, VNET's shares are trading at $1.8, marking a 42.74% decline over the last year, indicating a bearish sentiment among long-term shareholders.
March 26, 2024 | 3:01 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
VNET Gr is expected to report an EPS of $-0.18 for the upcoming quarter. Historical performance shows significant price volatility post-earnings, with a notable 42.74% decline in share price over the last year.
Given VNET's expected negative EPS and historical post-earnings share price volatility, there's a high likelihood of continued short-term negative impact on the stock. The long-term bearish sentiment, indicated by a 42.74% decline over the past year, further supports this outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100