Earnings Outlook For Shapeways Hldgs
Portfolio Pulse from Benzinga Insights
Shapeways Hldgs (NYSE:SHPW) is scheduled to release its quarterly earnings report on March 28, 2024, with an expected EPS of $-0.95. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historical data shows that Shapeways has had a mixed earnings performance in the past, with share price reactions varying post-earnings announcement. Currently, SHPW shares are trading at $1.88, marking a 44.23% decline over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.
March 27, 2024 | 5:01 pm
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Shapeways Hldgs is expected to report an EPS of $-0.95 for the upcoming quarter. Historical performance and current share price trends suggest a cautious outlook among investors.
Given Shapeways Hldgs's mixed historical earnings performance and the significant decline in its share price over the past year, the upcoming earnings report is crucial. However, the exact impact on the stock price will depend on whether the company can exceed the EPS estimate and provide positive future guidance. The historical data suggests that even beating the EPS estimate may not necessarily lead to a positive stock price movement, as seen in the past quarters.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100