Preview: Expion360's Earnings
Portfolio Pulse from Benzinga Insights
Expion360 (NASDAQ:XPON) is scheduled to release its quarterly earnings report on March 28, 2024, with analysts expecting an EPS of $-0.28. The company's past earnings performance shows a pattern of not meeting EPS estimates, leading to significant stock price drops the following day. Shares are currently trading at $3.34, reflecting a 44.98% decrease over the last year. Investors are looking for positive guidance for the next quarter to potentially boost the stock price.
March 27, 2024 | 3:01 pm
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Expion360 is expected to report an EPS of $-0.28 for the quarter. Historical performance shows a trend of not meeting EPS estimates, resulting in stock price declines. Currently trading at $3.34, the stock has seen a 44.98% decrease over the past year.
Given Expion360's history of not meeting EPS estimates and the subsequent negative impact on its stock price, it's likely that the upcoming earnings report could lead to a short-term decrease in stock price, especially if the company fails to meet the current EPS estimate or provides negative guidance for the future.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100