Blue Foundry's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Blue Foundry (NASDAQ:BLFY) is set to release its quarterly earnings on October 23, 2024. Analysts expect an EPS of $-0.17. The company's past performance shows a tendency for stock price changes following earnings announcements, with a notable 4.35% increase after the last earnings beat.
October 22, 2024 | 9:01 pm
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Blue Foundry is expected to report an EPS of $-0.17. Past earnings beats have led to stock price increases, suggesting potential volatility post-announcement.
The anticipation of Blue Foundry's earnings report and the expected EPS of $-0.17 could lead to stock price volatility. Historically, the stock has reacted positively to earnings beats, as seen in the previous quarter with a 4.35% increase. Investors are likely to focus on whether the company can surpass estimates and provide positive guidance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100