What to Expect from Hesai Gr's Upcoming Earnings Report
What to Expect from Hesai Gr's Upcoming Earnings Report
Hesai Gr (NASDAQ: HSAI) is gearing up for its latest quarterly earnings report scheduled for November 25. As the date approaches, investors are keen to understand what this announcement might mean for the stock price and the business's future direction.
Analysts are estimating an earnings per share (EPS) of $-0.02. With this projection, market sentiments are rife with anticipation, and many are hoping for better-than-expected results along with positive guidance for the upcoming quarter.
It's crucial for both new and seasoned investors to recognize that a company's guidance can significantly influence stock prices. If the guidance is favorable, it could lead to an upward movement in stock value.
Performance in Previous Earnings
In the last quarter, Hesai Gr managed to exceed EPS estimates by $0.01. However, the positive news was short-lived, as the stock experienced a 7.95% decline the following day. This highlights the unpredictable nature of stock reactions to earnings reports, where even slight beats can lead to unexpected outcomes.
Let's delve into Hesai Gr's past earnings performance:
- Q2 2024: EPS Estimate - $-0.06, EPS Actual - $-0.05, Price Change - -8.0%
- Q1 2024: EPS Estimate - $-0.08, EPS Actual - $-0.08, Price Change - -14.0%
- Q4 2023: EPS Estimate - $-0.11, EPS Actual - $-0.11, Price Change - -4.0%
- Q3 2023: EPS Estimate - $-0.21, EPS Actual - $-0.11, Price Change - +10.0%
Tracking Hesai Gr's Stock Performance
As of November 21, Hesai Gr's shares were trading at $4.61. Over the past year, the stock has witnessed a significant decline of 56.63%. This continuous downward trend has likely left long-term investors feeling bearish as they approach the latest earnings announcement.
Understanding stock performance trends can provide valuable insights into future movements. Investors are encouraged to remain vigilant regarding their investments, particularly in the context of the current market environment.
Frequently Asked Questions
1. What is Hesai Gr's expected EPS for the upcoming earnings report?
The expected EPS for the upcoming report is $-0.02.
2. When is Hesai Gr's earnings report scheduled?
The earnings report is scheduled for November 25.
3. How did Hesai Gr perform in the last quarter?
In the last quarter, Hesai Gr beat EPS expectations by reporting $-0.05.
4. What has been the trend in Hesai Gr's stock price over the last year?
Hesai Gr's stock price has dropped 56.63% over the last 52 weeks.
5. What should investors keep an eye on during the earnings announcement?
Investors should monitor the EPS results and management's guidance for future quarters, as this can significantly impact stock prices.
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