Impinj's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Impinj (NASDAQ:PI) is set to release its quarterly earnings report on 2023-10-25, with analysts estimating an EPS of $-0.10. The company's past performance shows a pattern of share price drops following earnings beats. Shares are currently trading at $51.5, down 39.92% over the last 52-week period.
October 24, 2023 | 4:01 pm
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NEGATIVE IMPACT
Impinj's upcoming earnings report could potentially impact its share price, given the company's history of price drops following earnings beats.
Impinj's share price has historically dropped following earnings beats. With an upcoming earnings report and an estimated EPS of $-0.10, there is potential for a similar pattern to occur, especially given the company's negative returns over the past 52 weeks.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100