Preview: Ribbon Comms's Earnings
Portfolio Pulse from Benzinga Insights
Ribbon Comms (NASDAQ:RBBN) is set to release its quarterly earnings report on Wednesday, 2023-07-26. Analysts estimate an earnings per share (EPS) of $0.04. The company's past performance shows a pattern of beating EPS estimates, which has often led to an increase in share price. However, the stock has been generally negative over the last 52-week period, with shares down 3.72%.
July 25, 2023 | 5:03 pm
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Ribbon Comms is expected to report an EPS of $0.04 in its upcoming earnings. The company's history of beating EPS estimates could potentially lead to a share price increase. However, the stock's negative performance over the past year may make investors cautious.
Ribbon Comms has a history of beating EPS estimates, which often leads to a share price increase. However, the stock's negative performance over the past year may make investors cautious. The upcoming earnings report could potentially influence the stock's performance, depending on whether the company meets or exceeds the estimated EPS.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100