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APPS
Benzinga
67 days

Top Wall Street Forecasters Revamp Digital Turbine Expectations Ahead Of Q4 Earnings

1. Digital Turbine will report Q4 earnings on June 16. 2. Earnings expected to drop to 4 cents per share from 12 cents. 3. Projected revenue for Q4 is $116.64 million, up from $112.22 million. 4. Analysts have mixed ratings; one downgraded APPS significantly to an Underperform. 5. APPS shares fell 4.1% recently, closing at $4.98.

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FAQ

Why Bearish?

The downgrade by B of A Securities and a substantial cut in price target reflect negative sentiment.

How important is it?

The earnings report and analyst actions could significantly influence trading behavior for APPS stock.

Why Short Term?

Immediate earnings report and analyst downgrades could cause quick investor reactions.

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