A Preview Of Silicon Motion Technology's Earnings
Portfolio Pulse from Benzinga Insights
Silicon Motion Technology (NASDAQ:SIMO) is set to release its latest quarterly earnings report on November 1, 2023. Analysts estimate an earnings per share (EPS) of $0.61. The company's past performance shows a pattern of share price increases following earnings reports, even when EPS estimates were missed. However, the company's shares have seen an overall decrease of 8.54% over the last 52-week period.
October 31, 2023 | 9:02 pm
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Silicon Motion Technology is expected to report an EPS of $0.61 in its upcoming earnings report. Despite missing EPS estimates in the past, the company's share price has typically increased following earnings reports. However, the stock has seen a 8.54% decrease over the past year.
The upcoming earnings report is highly relevant to Silicon Motion Technology's stock. While the company has a history of missing EPS estimates, this has often been followed by an increase in share price. However, the overall decrease in the stock's value over the past year may indicate investor dissatisfaction.
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IMPORTANCE 80
RELEVANCE 100