GDEV GDEV is preparing to release its quarterly earnings on Thursday, 2024-11-14. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect GDEV to report an earnings per share (EPS) of $0.37.
GDEV 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).
Earnings History Snapshot
During the last quarter, the company reported an EPS beat by $0.64, leading to a 0.0% drop in the share price on the subsequent day.
Here's a look at GDEV's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.17 | |||
EPS Actual | 0.81 | -0.09 | 0.5 | 1.2 |
Price Change % | 0.0% | -10.0% | 0.0% | 4.0% |
GDEV Share Price Analysis
Shares of GDEV were trading at $26.14 as of November 11. Over the last 52-week period, shares are down 1.36%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for GDEV 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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