Nuvve Holding Earnings Preview
Portfolio Pulse from Benzinga Insights
Nuvve Holding (NASDAQ:NVVE) is scheduled to release its quarterly earnings report on March 28, 2024, with an expected EPS of $-5.60. Analysts and investors are keen on whether the company will surpass this estimate and provide positive future guidance. Historical data shows that Nuvve's stock price is significantly influenced by its earnings performance and guidance, with a notable 11.94% drop following a miss last quarter. The stock has experienced a 95.53% decline over the past year, indicating potential concern among long-term shareholders.
March 27, 2024 | 5:01 pm
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NEUTRAL IMPACT
Nuvve Holding is expected to report a Q4 EPS of $-5.60. Historical performance shows significant stock price volatility post-earnings, with a 95.53% decline over the past year.
Given NVVE's history of stock price volatility post-earnings and the significant annual decline, the upcoming earnings report is crucial. However, the impact of the report on the stock price will largely depend on whether NVVE can beat the EPS estimate and provide positive future guidance. Past performance indicates that misses lead to declines, but guidance also plays a critical role.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100