Greenidge Generation Hldg Earnings Preview
Portfolio Pulse from Benzinga Insights
Greenidge Generation Holdings (NASDAQ:GREE) is scheduled to release its quarterly earnings report on March 27, 2024. Analysts predict an EPS of $0.25. The company's past earnings performance shows a mix of misses and beats, with the last quarter missing EPS estimates by $0.95 but resulting in a 2.32% share price increase the following day. Over the last year, GREE's shares have decreased by 14.82%, indicating potential concern among long-term shareholders ahead of the earnings announcement.
March 26, 2024 | 5:01 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Greenidge Generation Holdings is expected to report an EPS of $0.25 in its upcoming earnings, with past performance showing mixed results. Shares have fallen 14.82% over the last year, indicating potential volatility around the earnings release.
Given GREE's mixed past earnings performance and the significant share price decrease over the last year, the upcoming earnings report could maintain current volatility without a clear direction. The anticipation of the earnings report and its potential impact on investor sentiment, especially considering the previous quarter's miss but subsequent share price increase, adds complexity to predicting short-term price movements.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100