An Overview of Kore Group Holdings's Earnings

Kore Group Holdings KORE is gearing up to announce its quarterly earnings on Tuesday, 2024-11-19. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Kore Group Holdings will report an earnings per share (EPS) of $-0.63.

The announcement from Kore Group Holdings 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.

Historical Earnings Performance

In the previous earnings release, the company missed EPS by $0.63, leading to a 12.41% drop in the share price the following trading session.

Here's a look at Kore Group Holdings's past performance and the resulting price change:

Performance of Kore Group Holdings Shares

Shares of Kore Group Holdings were trading at $2.0 as of November 15. Over the last 52-week period, shares are down 33.38%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.

To track all earnings releases for Kore Group Holdings visit their earnings calendar on our site.

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