Earnings Outlook For Pineapple Energy
Portfolio Pulse from Benzinga Insights
Pineapple Energy (NASDAQ:PEGY) is scheduled to release its quarterly earnings report on Thursday, 2024-03-28, with analysts expecting an EPS of $0.00. The company's past earnings performance shows a pattern of not meeting EPS estimates, leading to significant share price movements. Shares of Pineapple Energy have significantly declined over the last year, trading at $0.063 as of March 26, marking a 95.75% decrease over the 52-week period.
March 27, 2024 | 5:02 pm
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Pineapple Energy is expected to report an EPS of $0.00 for the latest quarter, with a history of not meeting EPS estimates and significant share price volatility following earnings announcements. The stock has experienced a 95.75% decline over the past year.
Given Pineapple Energy's history of not meeting EPS estimates and the subsequent negative impact on its share price, combined with the overall 95.75% decline in the past year, it is likely that the upcoming earnings report could lead to further downward pressure on the stock. The anticipation of the earnings report, especially considering the company's past performance and the current low trading price, suggests a negative short-term impact.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100