Mobileye Global Q2 Adj EPS $0.17 Beats $0.12 Estimate, Sales $454.00M Beat $451.74M Estimate
Portfolio Pulse from Benzinga Newsdesk
Mobileye Global (NASDAQ:MBLY) reported Q2 earnings of $0.17 per share, beating the analyst consensus estimate of $0.12 by 41.67%. The company also reported quarterly sales of $454.00 million, surpassing the analyst consensus estimate of $451.74 million by 0.50%.
July 27, 2023 | 10:31 am
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Mobileye Global's Q2 earnings and sales exceeded analyst estimates, which could positively impact the company's stock in the short term.
Mobileye Global reported better-than-expected Q2 earnings and sales, which typically leads to a positive reaction in the stock market as it indicates the company's strong performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100