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Benzinga
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Waldencast Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. Waldencast will release Q2 earnings with expected losses of 5 cents per share. 2. Projected revenue of $71.94 million shows growth from $63.31 million last year. 3. Waldencast shares fell 6% to $1.73 following the acquisition of Novaestiq Corp. 4. Analysts maintain ratings, with varied price targets from $4 to $5. 5. Market sentiment shows uncertainty with mixed analyst opinions on WALD stock.

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FAQ

Why Neutral?

Current loss expectations and recent stock decline reflect uncertainty; similar situations revealed mixed impacts in past earnings reports.

How important is it?

The earnings results and stock performance could influence investor sentiment across similar equities within the S&P 500's consumer sector.

Why Short Term?

Earnings reports typically influence stock prices in the short-term; longer-term impacts depend on performance milestones.

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