Earnings Preview For Strata Skin Sciences
Portfolio Pulse from Benzinga Insights
Strata Skin Sciences (NASDAQ:SSKN) is scheduled to release its quarterly earnings report on March 27, 2024, with an expected EPS of $-0.02. Historical data shows that the company's stock price reacts significantly to earnings beats or misses and guidance. Last quarter, SSKN beat the EPS estimate, resulting in a 15.62% share price increase the following day. However, over the last year, SSKN shares have declined by 55.58%, indicating potential investor concern ahead of the earnings announcement.
March 26, 2024 | 4:00 pm
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Strata Skin Sciences is expected to report an EPS of $-0.02 for the upcoming quarter. Historical performance indicates a potential for significant stock price movement following the earnings announcement.
Given the historical sensitivity of SSKN's stock price to earnings announcements and guidance, the upcoming report could lead to notable short-term price movement. However, the direction of the movement is uncertain, as it will depend on whether the company meets or exceeds the EPS estimate and the nature of the guidance provided.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100