Shift Technologies Inc - Class A (SFT) is reporting earnings on August 09. Lets zoom in on how the stock is performing.
Analysts are estimating Shift Technologies Inc - Class A will report an EPS (earnings per share) of -$0.57, GAAP of -$0.55, on revenue of $233.39M.
There are two primary things that SFT bulls will be concerned with. The first is that the reported EPS beat the estimates of analysts. Stocks respond favorably to that news. The second is that the report outlines a positive growth story for the stock in the coming quarters.
On the other side of the fence, SFT bears will be looking for the opposite. They want the EPS to underperform analysts' expectations and to be strong a signal of the company's decline in coming quarters.
Whether you're a bear or bull you'll want to be aware that occasionally a stock's price movement is caused by the analysts' estimates, rather than from the earnings report itself. As you see more of these, you'll begin to notice patterns in the runup and rundown of the stock's price.
As of August 01 shares of SFT are trading at $1.01. Over the last 52-week period, the price is down -89.64%. A larger move here can mean investors will have a stronger bullish or bearish outlook on the stock.