Earnings Preview: Credo Technology Group
Portfolio Pulse from Benzinga Insights
Credo Technology Group (NASDAQ:CRDO) is set to release its latest quarterly earnings report on August 24, 2023. Analysts estimate an earnings per share (EPS) of $-0.03. The company's past performance shows a pattern of share price changes following earnings reports. The company's shares were trading at $14.88 as of August 22, with a 1.17% increase over the last 52-week period.
August 23, 2023 | 3:01 pm
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Credo Technology Group is expected to report an EPS of $-0.03 in its upcoming earnings report. The company's share price has shown to be affected by earnings reports in the past.
The upcoming earnings report is a significant event for Credo Technology Group. Given the past performance, it's likely that the earnings report will impact the company's share price. However, it's uncertain whether the impact will be positive or negative as it depends on the actual earnings compared to the estimated EPS and the company's guidance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100