If you’re curious when is the next earnings report for LITB, you’re not alone. It’s important to note that this company has historically performed well after earnings. The company last reported its results on June 23, 2022, before the market opened. The company then held a conference call to discuss the results. The company’s stock price gained a total of 1.7% the day after its report. Since then, it has drifted -13.7% lower. It has been trading in a range of 0.94 to 1.20 since the release. Its last price is at the lower end of the range.
Individual traders and hedge fund managers want to protect their portfolio from losses, so the performance prediction is essential. A bearish performance of LITB could wipe out the entire portfolio, so this information can help them protect their portfolio from any losses. However, if the company reports a positive earnings surprise, it can benefit investors. They can buy LITB stock if the prediction is accurate. Traders should be cautious because the performance of LITB stock is not guaranteed.
The next earnings report for LITB will be released quarterly. It will include revenue and EPS. If the earnings report is delayed, you should be aware of this. However, if you’re unable to wait until the date of the report, you should consider buying a Put option instead. This will give you a second leg if the stock does not go up. However, this method is not suitable if you’re unsure about the direction of the stock.