Earnings Outlook For Varonis Systems
Portfolio Pulse from Benzinga Insights
Varonis Systems (NASDAQ:VRNS) is set to release its quarterly earnings on October 29, 2024. Analysts expect an EPS of $0.07. The company's past performance shows a positive market reaction when it beats estimates. Currently, Varonis has an 'Outperform' rating with a price target suggesting an 8.92% upside. Despite challenges in revenue growth and profitability compared to peers, the company is transitioning to cloud services.
October 28, 2024 | 2:03 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Varonis Systems is expected to report an EPS of $0.07. The company has a history of positive stock reactions when beating estimates. Analysts rate it 'Outperform' with a potential 8.92% upside. Investors are focused on guidance amid its cloud transition.
Varonis Systems has a history of positive stock price movements following earnings beats. The current analyst rating of 'Outperform' and a price target indicating an upside suggest positive sentiment. The focus on guidance and cloud transition could further influence investor decisions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100