Earnings Outlook For Microchip Technology
Portfolio Pulse from Benzinga Insights
Microchip Technology (NASDAQ:MCHP) is set to release its latest quarterly earnings report on November 2, 2023. Analysts estimate an earnings per share (EPS) of $1.61. The company's past performance shows a pattern of share price changes following earnings reports. The stock was trading at $71.29 as of October 31, with a 52-week increase of 18.21%.
November 01, 2023 | 3:00 pm
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Microchip Technology's upcoming earnings report could impact its stock price. Past earnings have resulted in share price changes. The stock has seen a 52-week increase of 18.21%.
The upcoming earnings report is a significant event for Microchip Technology. The company's past earnings reports have resulted in changes in the stock price. Given the 52-week increase, long-term shareholders are likely bullish, but the earnings report could cause short-term volatility.
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