Ucloudlink Group UCL is set to give its latest quarterly earnings report on Tuesday, 2024-11-26. Here’s what investors need to know before the announcement.

Analysts estimate that Ucloudlink Group will report an earnings per share (EPS) of $-0.01.

Ucloudlink Group bulls will hope to hear the company 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).

Earnings Track Record

During the last quarter, the company reported an EPS beat by $0.06, leading to a 3.5% drop in the share price on the subsequent day.

Here’s a look at Ucloudlink Group’s past performance and the resulting price change:

Ucloudlink Group Share Price Analysis

Shares of Ucloudlink Group were trading at $1.24 as of November 22. Over the last 52-week period, shares are down 41.23%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for Ucloudlink Group visit their earnings calendar on our site.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.