Dolphin Entertainment (NASDAQ:DLPN) is gearing up to announce its quarterly earnings on Thursday, 2024-11-14. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Dolphin Entertainment will report an earnings per share (EPS) of $-0.10.
The market awaits Dolphin Entertainment's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Earnings Track Record
The company's EPS beat by $0.02 in the last quarter, leading to a 15.05% drop in the share price on the following day.
Here's a look at Dolphin Entertainment's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.18 | 0 | ||
| EPS Actual | -0.16 | -0.04 | -1.08 | -0.54 |
| Price Change % | -15.0% | 10.0% | 4.0% | 3.0% |
Tracking Dolphin Entertainment's Stock Performance
Shares of Dolphin Entertainment were trading at $1.25 as of November 12. Over the last 52-week period, shares are down 61.36%. Given that these returns are generally negative, long-term shareholders are likely unhappy 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.
