VerifyMe VRME is gearing up to announce its quarterly earnings on Tuesday, 2024-11-12. Here's a quick overview of what investors should know before the release.
Analysts are estimating that VerifyMe will report an earnings per share (EPS) of $-0.10.
The announcement from VerifyMe is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Earnings History Snapshot
During the last quarter, the company reported an EPS beat by $0.06, leading to a 1.77% increase in the share price on the subsequent day.
Here's a look at VerifyMe's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | -0.09 | -0.14 | -0.03 | -0.10 |
EPS Actual | -0.03 | -0.05 | 0.02 | -0.06 |
Price Change % | 2.0% | 2.0% | 3.0% | -1.0% |
Tracking VerifyMe's Stock Performance
Shares of VerifyMe were trading at $1.26 as of November 08. Over the last 52-week period, shares are up 17.77%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for VerifyMe visit their earnings calendar on our site.
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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