Paltalk PALT is preparing to release its quarterly earnings on Tuesday, 2024-11-12. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Paltalk to report an earnings per share (EPS) of $-0.11.
Investors in Paltalk are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Historical Earnings Performance
Last quarter the company missed EPS by $0.02, which was followed by a 3.85% increase in the share price the next day.
Here's a look at Paltalk's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.08 | -0.02 | 0 | 0 |
| EPS Actual | -0.10 | -0.05 | -0.03 | -0.02 |
| Price Change % | 4.0% | -4.0% | -14.000000000000002% | 2.0% |
Tracking Paltalk's Stock Performance
Shares of Paltalk were trading at $2.15 as of November 08. Over the last 52-week period, shares are up 12.37%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Paltalk 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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