Thryv Holdings (NASDAQ: THRY) is gearing up to release its latest quarterly earnings report on Thursday, February 22, 2024. Investors are eagerly anticipating this announcement to gain insights into the company’s financial performance and future outlook.
Analysts are expecting Thryv Holdings to report an earnings per share (EPS) of $0.37 for the quarter. Investors bullish on the company will be hoping for not only an earnings beat but also positive guidance for the next quarter, indicating potential growth and profitability.
It is important to note that while an earnings beat or miss can impact a stock’s price, guidance or forecast for future performance often plays a significant role in influencing investor sentiment and stock movement.
Looking back at Thryv Holdings’ historical earnings performance, the company missed EPS by $0.09 in the last quarter. Surprisingly, the stock price saw a 6.8% increase the following day, showcasing the market’s unpredictable reaction to earnings reports.
Examining the past quarters, Thryv Holdings has experienced fluctuations in EPS estimates and actual performance, leading to varying price changes. It is evident that investors should consider not just the earnings figures but also the overall market sentiment and guidance provided by the company.
Shares of Thryv Holdings were trading at $21.41 as of February 20, with a 52-week performance showing a decline of 14.37%. Long-term shareholders may be concerned about the negative returns leading up to the earnings release, highlighting the importance of a strong earnings report to boost investor confidence.
To stay updated on Thryv Holdings’ earnings releases and performance, investors can track the company’s earnings calendar on financial platforms like Benzinga. As investors await the upcoming earnings report, it will be interesting to see how Thryv Holdings’ financial results and guidance impact the stock price and investor sentiment.
This article was generated by Benzinga’s automated content engine and reviewed by an editor, providing investors with valuable insights and analysis ahead of Thryv Holdings’ quarterly earnings announcement.
