Earnings Preview For Harmonic
Portfolio Pulse from Benzinga Insights
Harmonic (NASDAQ:HLIT) is set to release its latest quarterly earnings report on October 30, 2023. Analysts estimate an earnings per share (EPS) of $0.00. The company's past performance shows a pattern of share price changes following earnings reports. Last quarter, Harmonic missed EPS by $0.01, resulting in a 22.05% drop in share price. The company's shares are currently trading at $10.12, down 36.5% over the last 52-week period.
October 27, 2023 | 8:01 pm
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Harmonic's upcoming earnings report could significantly impact its share price, based on past performance. The company's shares have generally decreased following earnings reports.
Historically, Harmonic's share price has shown significant changes following earnings reports. Last quarter, the company missed EPS estimates, resulting in a 22.05% drop in share price. Given this pattern, the upcoming earnings report could have a similar impact.
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