An Overview of Retail Opportunity's Earnings
Portfolio Pulse from Benzinga Insights
Retail Opportunity (NASDAQ:ROIC) is set to announce its quarterly earnings on October 22, 2024. Analysts estimate an EPS of $0.26. The company's previous earnings missed estimates, causing a 4.45% drop in share price. Currently, shares are trading at $16.16, with a 52-week increase of 33.93%. Analysts have a Neutral rating with a price target of $16.0, indicating a potential 0.99% downside.
October 21, 2024 | 7:01 pm
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NEUTRAL IMPACT
Retail Opportunity is expected to announce its earnings with an estimated EPS of $0.26. Previous earnings missed estimates, leading to a share price drop. Current analyst sentiment is Neutral with a slight potential downside.
The upcoming earnings announcement is crucial for Retail Opportunity as it could influence short-term stock price movements. The previous earnings miss led to a significant price drop, indicating that investors are sensitive to earnings results. The current Neutral analyst rating and slight potential downside suggest that the market is cautious, awaiting the earnings outcome.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100