A Look at AudioEye's Upcoming Earnings Report

AudioEye AEYE will release its quarterly earnings report on Thursday, 2024-11-07. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate AudioEye to report an earnings per share (EPS) of $0.00.

AudioEye bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

The company's EPS beat by $0.16 in the last quarter, leading to a 38.24% increase in the share price on the following day.

Here's a look at AudioEye's past performance and the resulting price change:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate -0.04 -0.08 -0.11 -0.15
EPS Actual 0.12 0.08 0.11 0.02
Price Change % 38.0% 7.000000000000001% 17.0% 6.0%

eps graph

Market Performance of AudioEye's Stock

Shares of AudioEye were trading at $22.75 as of November 05. Over the last 52-week period, shares are up 534.56%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for AudioEye visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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