TriplePoint Venture Gwth TPVG is preparing to release its quarterly earnings on Wednesday, 2024-11-06. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect TriplePoint Venture Gwth to report an earnings per share (EPS) of $0.35.
Anticipation surrounds TriplePoint Venture Gwth's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Overview of Past Earnings
During the last quarter, the company reported an EPS missed by $0.11, leading to a 7.2% drop in the share price on the subsequent day.
Here's a look at TriplePoint Venture Gwth's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.44 | 0.44 | 0.48 | 0.51 |
EPS Actual | 0.33 | 0.41 | 0.47 | 0.54 |
Price Change % | -7.000000000000001% | -1.0% | -12.0% | 2.0% |
TriplePoint Venture Gwth Share Price Analysis
Shares of TriplePoint Venture Gwth were trading at $6.5 as of November 04. Over the last 52-week period, shares are down 36.22%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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