Allied Esports AESE is set to give its latest quarterly earnings report on Wednesday, 2022-05-25. Here's what investors need to know before the announcement.
Analysts estimate that Allied Esports will report an earnings per share (EPS) of $-0.08.
Allied Esports bulls will hope to hear the company to 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 Allied Esports's past performance and the resulting price change:
|Quarter||Q3 2021||Q2 2021||Q1 2021|
|Price Change %||7.85%||-2.0%||1.35%|
Shares of Allied Esports were trading at $1.43 as of May 23. Over the last 52-week period, shares are down 41.35%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
To track all earnings releases for Allied Esports visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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