Earnings Outlook For Leafly Holdings
Portfolio Pulse from Benzinga Insights
Leafly Holdings (NASDAQ:LFLY) is scheduled to release its quarterly earnings report on Thursday, 2024-03-28, with analysts estimating an EPS of $-1.45. The company's past earnings performance shows a mix of misses and beats against estimates, with varying impacts on its stock price. Currently trading at $3.3, LFLY shares have declined 51.53% over the last 52 weeks. Investors are looking for positive guidance for the next quarter, which could significantly influence the stock's price movement.
March 27, 2024 | 3:01 pm
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Leafly Holdings is expected to report an EPS of -$1.45 for the quarter. Past earnings have shown a mix of outcomes, with the stock currently down 51.53% over the last year. Positive future guidance could be key for stock movement.
Given Leafly Holdings' mixed past earnings performance and the significant year-to-date stock price decline, the upcoming earnings report and particularly the future guidance provided by the company could have a neutral to potentially positive impact on the stock price in the short term. The anticipation of future growth or positive developments could help stabilize or slightly uplift the stock price, depending on the specifics of the guidance and how it compares to market expectations.
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IMPORTANCE 90
RELEVANCE 100