Earnings Preview For NexGen Energy

NexGen Energy NXE is set to give its latest quarterly earnings report on Wednesday, 2023-08-09. Here's what investors need to know before the announcement.

Analysts estimate that NexGen Energy will report an earnings per share (EPS) of $-0.01.

NexGen Energy 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).

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

Stock Performance

Shares of NexGen Energy were trading at $4.91 as of August 07. Over the last 52-week period, shares are up 14.58%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

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

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