Insights Ahead: Synovus Finl's Quarterly Earnings
Portfolio Pulse from Benzinga Insights
Synovus Finl (NYSE:SNV) is set to release its quarterly earnings on October 16, 2024. Analysts expect an EPS of $1.09. Despite a previous EPS beat, the stock price dropped, highlighting the importance of guidance in market reactions. Shares are up 74.65% over the past year.
October 15, 2024 | 3:02 pm
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Synovus Finl is expected to report an EPS of $1.09. Despite past EPS beats, the stock price has reacted negatively, emphasizing the importance of guidance. Shares have risen 74.65% over the past year.
The upcoming earnings report is crucial for Synovus Finl, with an expected EPS of $1.09. Historical data shows that even with EPS beats, the stock price can drop if guidance is not favorable. The stock's significant rise over the past year suggests positive sentiment, but the market's reaction will depend heavily on the guidance provided.
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