TURN (TURN) Earning Prediction
TURN (TURN) is set to release its earnings performance on 08/19 ET in After Hours trading. Consensus forecasts predict a revenue of - and an earnings per share (EPS) of for the . With Intellectia's exclusive AI algorithms, users can predict whether the earnings will beat or miss expectations before the report drops. Leverage this powerful tool to strategize and position your trades ahead of the earnings release!
Earnings Surprise Analysis
TURN Transcript
The earnings call summary presents a mixed picture: strong cost reduction and positive cash flow, but concerns over market environment and unclear management responses. The Q&A section reveals a lack of clarity, which could dampen investor confidence. While there are positive elements like Potbelly's growth and Arena's profitability, risks such as market volatility and delayed contracts persist. Given these factors, the stock is likely to remain stable, resulting in a neutral prediction.
The earnings call summary reveals several negative factors, including a decline in stock price and NAV, significant losses in key holdings, and a challenging market environment for small-cap stocks. The Q&A session highlights concerns about governance issues and unclear management responses, further contributing to negative sentiment. Although there are some positive aspects like the tax refund for Synchronoss, the overall sentiment remains negative due to the market's lack of confidence and the company's underperformance.
The earnings call presents a mixed picture: NAV increased by 3%, driven by strong holdings like Potbelly and Synchronoss, but Lantronix and Arena faced significant challenges. The stock buyback plan could positively impact stock prices, but the large discount between NAV and stock price remains a concern. The Q&A did not reveal major risks, but the lack of participation suggests limited analyst interest. Overall, the positive NAV growth is offset by the negative performance of key holdings, leading to a neutral outlook.
The earnings call highlights several negative factors: economic uncertainties, strategic execution risks, regulatory hurdles, and supply chain issues. The company's high expense ratio and inability to raise capital have led to valuation write-downs and financial strain. While there is a potential for shareholder returns through dividends and buybacks, these are contingent on future performance. The Q&A section reveals management's vague responses and lack of concrete plans to address key issues. Overall, these factors suggest a negative sentiment, likely leading to a stock price decline over the next two weeks.
Frequently Asked Questions
What is the TURN {quarter} Earnings Release Date and Time?
TURN (TURN) is scheduled to release its {quarter} earnings report on Aug 19, 2024, After Hours (approximately 4:00 PM ET). This timing allows investors to react during after-hours trading, with a conference call typically following shortly after.
What Are the Consensus Forecasts for TURN {quarter} Revenue and EPS?
Analysts' consensus predicts {revenue} in revenue and an EPS of {eps} for TURN's {quarter}.
What Does Intellectia's AI Predict for TURN {quarter} Earnings?
Intellectia's exclusive AI algorithms forecast a {conclusion} for TURN's {quarter} earnings, with a prediction date of Aug 19, 2024. TURN {summary}
How Can I Use This Earnings Prediction to Trade TURN Stock?
Leverage Intellectia's AI forecast to position trades ahead of the Aug 19, 2024 release—consider calls for a beat scenario or protective puts for misses. Focus on pre-market volatility, and use the scenario probabilities to build strategies around revenue and guidance updates.
How Accurate Is Intellectia's AI for Earnings Predictions Like TURN {quarter}?
Intellectia's predictions are backed by rigorous backtesting, showing a high hit rate for Beat and Miss calls compared to traditional analysis. While no forecast is 100% certain, we provide probability-based scenarios (e.g., 50% chance of a *Beat*) and detailed rationales to help you make informed decisions. Combine our insights with your strategy for the best results—it's like having a co-pilot for earnings season! Empowering users to strategize trades before reports drop.
How does AI Earnings Prediction generate its forecasts?
AI Earnings Prediction uses advanced Large Language Models (LLMs) to analyze a wealth of data, including past earnings transcripts, real-time market sentiment, analyst insights, and company news from the last three months. It focuses on key indicators like revenue, EPS, and margins to predict whether a company will *Beat*, *Miss*, or remain Neutral relative to market expectations. Think of it as a super-smart analyst crunching numbers and news 24/7 to give you a trading edge!
When are the predictions available, and how often are they updated?
Predictions are generated two days before a company's earnings release (e.g., 5:00 PM ET on Feb 13 for a Feb 15 report) to capture the latest market and company data. They're updated in real-time if significant news breaks, ensuring you get fresh insights.
Can I use AI Earnings Prediction for all types of stocks?
Currently, AI Earnings Prediction focuses on companies with market caps above $40 billion, covering major players like SPG, AAPL, MSFT, and NVDA for the 2025-2026 earnings seasons. We prioritize high-impact stocks with robust data to ensure reliable forecasts. Stay tuned as we expand coverage to more companies based on user demand!
