Earnings Outlook For Avid Technology
Portfolio Pulse from Benzinga Insights
Avid Technology (NASDAQ:AVID) is set to release its latest quarterly earnings report on Wednesday, 2023-08-09. Analysts estimate an earnings per share (EPS) of $0.21. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. Shares are currently trading at $27.1 and have seen a 0.41% decrease over the last 52-week period.
August 08, 2023 | 2:02 pm
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Avid Technology's upcoming earnings report could potentially impact its stock price. The company has a history of missing EPS estimates, which has previously led to drops in share price.
Avid Technology has a history of missing EPS estimates, which has led to drops in its share price. If the company misses the estimated EPS of $0.21 for the upcoming quarter, it could potentially lead to another drop in share price. Additionally, the company's shares have seen a 0.41% decrease over the last 52-week period, which could indicate investor dissatisfaction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100