StockNews.AI
SAR
Benzinga
1 min

Saratoga Investment Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

1. Saratoga Investment to report Q2 earnings on Oct. 7. 2. Analysts expect earnings to drop to 68 cents per share. 3. Revenue projected at $32.39 million, down from $43 million YoY. 4. Analysts showing mixed ratings with Neutral outlook overall. 5. Shares gained 1.6%, closing at $24.49 on Thursday.

3m saved
Insight
Article

FAQ

Why Bearish?

Earnings are expected to decrease significantly from the previous year. Historical trends show similar downgrades often lead to further selling pressure.

How important is it?

Earnings results are crucial indicators that affect investor behavior. Market sentiment typically shifts based on performance against expectations.

Why Short Term?

Immediate reactions to earnings reports typically affect stock prices swiftly. Past earnings misses have led to noticeable declines shortly after announcements.

Related Companies

Related News