Earnings Outlook For Richardson Electronics
Portfolio Pulse from Benzinga Insights
Richardson Electronics (NASDAQ:RELL) is set to release its latest quarterly earnings report on July 19, 2023. Analysts estimate an earnings per share (EPS) of $0.19. The company's past performance shows a pattern of share price drops following earnings beats. The stock is currently trading at $15.51, down 5.74% over the last 52-week period.
July 18, 2023 | 6:01 pm
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Richardson Electronics is expected to report an EPS of $0.19. The company's stock has historically dropped after earnings beats, and it is currently down 5.74% over the last 52 weeks.
The company's stock has historically dropped after earnings beats, which could indicate investor skepticism about the company's ability to sustain its performance. The stock's negative performance over the last 52 weeks also suggests a bearish sentiment among investors.
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