Dolphin Entertainment (NASDAQ:DLPN) is set to give its latest quarterly earnings report on Thursday, 2024-03-28. Here's what investors need to know before the announcement.
Analysts estimate that Dolphin Entertainment will report an earnings per share (EPS) of $0.00.
Dolphin Entertainment 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).
Here's a look at Dolphin Entertainment's past performance and the resulting price change:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.06 | -0.09 | 0 | |
| EPS Actual | -0.27 | -0.11 | -0.23 | -0.21 |
| Price Change % | 3.0% | -11.0% | -7.000000000000001% | -2.0% |
Stock Performance
Shares of Dolphin Entertainment were trading at $1.37 as of March 26. Over the last 52-week period, shares are down 24.32%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for Dolphin Entertainment visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.