What to Expect from Opera's Earnings
Portfolio Pulse from Benzinga Insights
Opera (NASDAQ:OPRA) is set to release its quarterly earnings report on October 29, 2024. Analysts expect an EPS of $0.25. The market is optimistic about Opera surpassing estimates and providing positive guidance. Last quarter, despite missing EPS by $0.00, Opera's stock rose by 11.51% the next day. Shares are currently trading at $16.48, up 45.25% over the past year.
October 28, 2024 | 6:03 pm
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Opera is expected to report an EPS of $0.25. The market is optimistic about Opera surpassing estimates and providing positive guidance. Last quarter, despite missing EPS by $0.00, Opera's stock rose by 11.51% the next day. Shares are currently trading at $16.48, up 45.25% over the past year.
Opera's upcoming earnings report is highly anticipated, with analysts expecting an EPS of $0.25. The market is optimistic about the company surpassing these estimates and providing positive guidance, which could drive the stock price up. Historically, even when Opera missed EPS estimates, the stock price increased significantly, indicating strong investor confidence. The stock's positive performance over the past year further supports a potential positive short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100