A Peek at Bakkt Hldgs's Future Earnings

Bakkt Hldgs BKKT is gearing up to announce its quarterly earnings on Wednesday, 2024-11-13. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Bakkt Hldgs will report an earnings per share (EPS) of $-1.10.

The market awaits Bakkt Hldgs's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Performance in Previous Earnings

In the previous earnings release, the company missed EPS by $0.91, leading to a 12.37% increase in the share price the following trading session.

Here's a look at Bakkt Hldgs's past performance and the resulting price change:

Performance of Bakkt Hldgs Shares

Shares of Bakkt Hldgs were trading at $12.45 as of November 11. Over the last 52-week period, shares are down 58.87%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for Bakkt Hldgs visit their earnings calendar on our site.

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